Dive Summary:
- Tyson Foods Inc. has furthered its prepared foods expansion Monday with the purchase of Circle Foods LLC, a San Diego-based food plant specializing in frozen and refrigerated Mexican foods.
- The plant has been open for 25 years and employs 600 people, and the details of its acquisition from Montreal-based investment group Claridge Inc. remain undisclosed.
- Tyson plans to keep plant managers in place with no significant changes to the facility, which also makes uncooked tortillas and Indian flatbreads.
From the article:
... The Springdale, Ark.-based meat company announced Monday that it had closed on the purchase of Circle Foods LLC, which specializes in production of handheld Mexican foods. The company also produces uncooked tortillas and Indian flatbreads. ...