Tyson Foods increases investment in meatless meat company

 

December 10, 2017



SPRINGDALE, Ark. (AP) — One of the world's largest meat producers has increased its investment in a company that makes meatless meat.

Tyson Foods had previously had a 5 percent stake in the protein producer Beyond Meat, and said in a statement that it had made an additional investment.

Justin Whitmore, Tyson's chief sustainability officer, said global demand for all types of protein remains high and that the investment helps give consumers an alternative.

Beyond Meat says a recent fundraising campaign will help it increase production and fund additional research and development. Tyson started...



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