Tyson Foods (NYSE:TSN) has decided to invest $13 million in new equipment and additional chicken houses.

Tyson Foods (NYSE:TSN): Chickens Get New House

Tyson Foods (NYSE:TSN) is installing new chilling and processing equipment at the Hope plant in an effort to increase operational efficiencies. The additional chicken houses are needed at the complex due to a slight increase made in size specifications for the chickens raised by contract poultry farmers.

Randy King, the manager of Tyson Foods (NYSE:TSN)’s Hope poultry complex said that, “This initiative reflects our determination to make sure our complex continues to raise and process the highest quality chicken in the most efficient way possible.”

View the full TSN chart at Wikinvest

Tyson Foods Stock Info

As of 12/3/2010 (Last trade – 4:04pm), the Tyson Foods (NYSE:tsn) shares are sitting at 16.9.

Over the past three months there has been a 5.1% movement in the Tyson Foods (NYSE:tsn) stock price.

We will continue checking the Tyson Foods (NYSE:tsn) stock price for developments over the next couple of weeks.