Tyson Foods announced it has completed the acquisition of Central Industries, a poultry byproducts rendering company in Forest, Miss., which produces raw materials used to produce pet food and other animal feeds, as well as biodiesel.
Tyson previously held a 49% ownership position in Central Industries.
"We believe 100% ownership will enhance the efficiency of the business and generate a greater financial return," said Jeff Webster, group vice president of Tyson's Renewable Products Division. "It will also give our rendered products business greater access to the southeastern U.S. market."
Tyson officials currently expect to make very few changes in total employment at the Central Industries plant, which currently has about 180 people on staff.
Terms of the acquisition were not disclosed.
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