Tyson Foods Inc is joining other big companies to move jobs out of Illinois, Reuters reported.
The nation’s largest meat company by revenue announced Wednesday that it will move all its employees from its offices outside Chicago and Downers Grove to its headquarters in Springdale, Arkansas, along with those in Dakota Dunes, South Dakota.
This is the latest reorganization for Tyson, which has approximately 1,000 employees in offices in the Chicago area and South Dakota. In total, meat companies employ about 120,000 Americans, of whom about 114,000 work in production facilities.
Tyson plans to begin a “phased transfer” of its workforce early next year, according to a statement. The move will “encourage closer collaboration, increase the agility of team members, and enable faster decision-making,” the company said.
Members of his Tyson family and several executives who founded Tyson Foods have lived in Arkansas for many years.
A company spokesman said there were no layoffs related to the move. It was unclear how many office workers would move.
Representatives for the mayor of Chicago and the governor of Illinois did not immediately respond to requests for comment.
Tyson’s decision will deal another blow to Chicago’s business community after hedge fund Citadel announced in June that it would move its global headquarters from the city of Chicago to Miami. Boeing also said it would move its headquarters from Chicago to Arlington, Virginia, later this year, and Caterpillar announced plans to move from the Chicago suburbs to Texas.
But after announcing this summer that it would split into three separate companies, Kellogg established its headquarters in Chicago for its largest business, Snack Foods.
Tyson set up an office in Chicago in 2014 when he acquired Hillshire Brands, where he expanded his prepared food business.
Tyson said last week that his group president of the ready-to-eat division, Noel O’Mara, was stepping down and chief financial officer Stewart Glendinning would replace him. John R. Tyson, the son of the company’s CEO, took over as chief financial officer this week.
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