The former Russer Foods plant on Perry Street is one of three Tyson plants the company is shutting down. The one in Buffalo will shutter sometime in the first half of 2015. The other two plants are located in Iowa and New Mexico.
Tyson Foods Inc. says it's closing three U.S. plants, employing a total 950 workers, which have struggled financially as the company's product needs have changed.
According to the AP, the nation's biggest meat processor said affected workers will be encouraged to apply for job openings elsewhere in the company and will be invited to job fairs organized by Tyson.
Like other meat producers, Tyson is facing changing consumer tastes and volatile meat prices. Its net income more than doubled in the latest quarter, benefiting from strong demand for chicken and higher prices for beef and pork. But earnings fell short of expectations due in part to higher costs.