Dive Brief:

• Tyson says it will spend $15.5 million on an expansion of its Tyson Fresh Meats facility in Goodlettsville, TN.
• The company will add four production lines and increase cold-storage capacity at the facility, which processes beef and pork for retail. 
• The expansion is expected to add 157 jobs to the roughly 1,600 that exist at the plant today. 

Dive Insight:

Tyson's announcement of the expansion comes at an interesting time -- just days after the company announced disappointing earnings results in the wake of disease outbreaks involving pigs and chickens.

It would seem clear that Tyson views the bad news of the most recent quarter as temporary.