050822 Tyson Foods to Be Added to S&P 500August 6, 2005Springdale, AR - Tyson Foods Inc. will be added to the S&P 500, the company said. Chairman and chief executive John Tyson said in a news release, "We believe we are a strong representative for the protein industry in the packaged foods and meats category." The S&P 500 is an index of 500 stocks chosen by Standard & Poor's for their market size, liquidity and industry group representation. It is considered a benchmark of performance of the overall market. Tyson Foods was founded in 1935 with headquarters in Springdale. It produces chicken, beef and pork products and has about 114,000 employees in the United States and around the world.
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