Tyson Foods Inc. revealed on March 27 that it will close its Ponca City, Oklahoma, processed meats plant. The closure comes as a response to "ongoing efforts to improve operational efficency," according to a Tyson press release.
Tyson is currently looking for a buyer for the plant, which has been in operation since 1995.
The closure of the Ponca City plant will affect approximately 580 people. According to Tyson, the closing process will "begin in late May and will most likely not be completed until sometime in July or August."
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