These plans were announced by Donnie Smith, Tyson's president and chief executive officer, at the BMO Capital Markets 2012 Farm to Market Conference
The company noted that it will implement 'Accelerate, Innovate, Cultivate' strategy, which is on a foundation of managing business fundamentals and on a strong capital structure, in order to grow the business.
According to Tyson Foods, it has gone from a net debt to capital ratio of about 55% at the beginning of fiscal 2002 to 20.5% at the end of fiscal 2011, putting it in a better position to take advantage of the existing market.
