Tyson Foods Breaks Ground on Childcare Facility for Humboldt, Tennessee Team Members
April 20 2022 - 11:00AM
Tyson Foods (NYSE: TSN) broke ground today on a new childcare
facility at its Humboldt, Tennessee poultry processing plant, that
will provide greater access to affordable childcare for frontline
team members employed at the facility.
The on-site childcare and learning facility is a pilot project
that represents the most recent commitment by the company to
support its team members and become the most sought-after place to
work.
The $3.5 million Humboldt childcare facility, expected to be
operational in 2023, will support up to 100 children, five years of
age and younger, and employ a staff of 18. Called Tyson Tykes, it
will be operated as an early childhood learning center by
KinderCare and subsidized by the company to lower the cost for
Tyson team members.
“This is an important day for our company and our team members
in Humboldt,” said David Bray, group president of Poultry for Tyson
Foods. “We constantly strive to be the most sought-after place to
work and are achieving that goal by listening to and supporting our
team members, ensuring they have the right tools to be
successful.”
A study by Child Care Aware states the national average cost of
care for one child in a center amounts to about $12,300 per year in
2020, a staggering 214% increase since 1990 and more than half the
federal poverty level for a family of three.
Research also shows children enrolled in early childhood
education programs have greater high school graduation rates,
increased IQ scores, higher career earnings and are less likely to
commit a crime as they enter adulthood.
“As we’ve all learned during the past two years, working parents
need access to early education and care for their children in order
to fully participate in the workforce,” said Dan Figurski,
president of KinderCare Education At Work. “That’s why we’re
excited to work with forward-thinking employers like Tyson to
provide affordable, high-quality childcare for their workers. Tyson
recognizes the value and support childcare provides Humboldt
employees. We can’t wait to open the doors to Tyson Tykes in 2023
and give Tyson families peace of mind knowing their children are
learning and growing right next door.”
“This public private partnership demonstrates exactly what is
possible when there is collaboration across sectors to support the
well-being of Tennesseans,” said Clarence H. Carter, Commissioner
of Tennessee Department of Human Services. “Our Child Care Services
Team is dedicated to thinking outside the box, and connecting with
community stakeholders to find solutions for parents and caregivers
that rely on childcare to work. We appreciate the partnership with
Tyson Foods, and their commitment to the citizens of Humboldt and
surrounding counties.”
Tyson’s Humboldt poultry complex, which includes a processing
plant, hatchery, and feed mill, currently has a staff of more than
1,235 people and is expected to eventually employ 1,500.
Today’s event marked the second investment in childcare by Tyson
in less than a year. In 2021, the company awarded nearly $400,000
to the Wesley Community Center and Maverick Boys and Girls Club of
Amarillo to refurbish their facilities to accommodate the children
of Tyson team members employed at the company’s Amarillo beef
plant. The funding helped provide transportation, increased
security, commercial refrigerators, cots, and tutoring. Each
facility supports up to 40 children and Tyson expects to invest
close to $500,000 to cover tuition for team members participating
in the program.
About Tyson Foods, Inc.Tyson Foods, Inc. (NYSE:
TSN) is one of the world’s largest food companies and a recognized
leader in protein. Founded in 1935 by John W. Tyson and grown under
three generations of family leadership, the company has a broad
portfolio of products and brands like Tyson®, Jimmy Dean®,
Hillshire Farm®, Ball Park®, Wright®, Aidells®,
ibp® and State Fair®. Tyson Foods innovates continually
to make protein more sustainable, tailor food for everywhere it’s
available and raise the world’s expectations for how much good food
can do. Headquartered in Springdale, Arkansas, the company had
approximately 137,000 team members on Oct. 2, 2021. Through its
Core Values, Tyson Foods strives to operate with integrity, create
value for its shareholders, customers, communities and team members
and serve as a steward of the animals, land and environment
entrusted to it. Visit www.tysonfoods.com.
About KinderCareKinderCare Education is
America’s largest private provider of early childhood and
school-age education and childcare. KinderCare supports hardworking
families in 40 states and the District of Columbia:
- In neighborhoods, with KinderCare® Learning
Centers that offer early childhood education and childcare for
children six weeks to 12 years old.
- At work, through KinderCare Education at Work™, providing
customized family benefits for employers across the country,
including on-site and near-site early learning centers and back-up
care for last-minute childcare, and
- In local schools, with Champions® before and
after-school programs.
Headquartered in Portland, Oregon, KinderCare operates nearly
2,000 early learning centers and sites. In 2022, KinderCare earned
its sixth Gallup Exceptional Workplace Award – one of only four
companies worldwide to win this award for six consecutive years. To
learn more, visit www.KC-Learning.com.
MEDIA CONTACT: Derek Burleson | Derek.Burleson@tyson.com |
479-290-6466
Category: IR
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