After investing in alternative meat maker Beyond Meat, Tyson exited its 6.5% investment in late April 2019 ahead of Beyond Meat’s initial public offering. “We have all the resources available to us from a culinary standpoint, R&D standpoint, manufacturing, distribution,” Tyson Foods CEO Noel White told Yahoo Finance at the World Economic Forum in Davos, Switzerland. “We have solid customer contacts. So it’s a space that we want to fully compete in, use all the resources that are available to us, and be a strong competitor in the marketplace.”

Source: Tyson Foods CEO on the company’s plant-based meat strategy

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