Eagle Mountain Announces Tyson Foods Production Plant To Be Built In City
May 16, 2019, 10:47 AM | Updated: 9:27 pm
EAGLE MOUNTAIN, Utah – Eagle Mountain City announced Thursday Tyson Fresh Meats, a subsidiary of Tyson Foods, Inc., will invest almost $300 million to build a food production plant in the city. The facility will initially provide 800 jobs and is expected to expand to 1,200 positions within three years after opening, according to a press release from Eagle Mountain City.
“We welcome Tyson Fresh Meats to Eagle Mountain,” Mayor Tom Westmoreland said. “This facility will provide jobs for our community, allowing people to work closer to home. It will also bring needed infrastructure, especially roads that will provide better east/west connection to the Cedar Valley. Tyson Foods is the second Fortune 100 company to invest in our city and we look forward to a great community partnership.”
The plant will be a case ready meat-cutting and packaging operation that converts fresh beef and pork, brought in from other locations, into steaks, chops, roasts and ground beef.
“We’re grateful for the invitation to come to Eagle Mountain and Utah County,” said Nate Hodne, senior vice president and general manager of case ready meats for Tyson Fresh Meats. “We’ve built some great relationships during the initial phases of this process, and we appreciate the strong support we’ve received from local leadership. Our team is excited to find upcoming opportunities to meet the people of Eagle Mountain and become a part of this vibrant community.”
Tyson Fresh Meats may earn up to 20 percent of the new state taxes they will pay over the 10-year life of the agreement in the form of a post-performance Economic Development Finance (EDIF) tax credit rebate. Each year Tyson meets the criteria in its contract with the state, the company will earn a portion of the total tax credit rebate, according to the City press release.
