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Tyson Foods offers affordable prices – GuruFocus.com

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SPRINGDALE, Ark., May 11, 2022 (GLOBE NEWSWIRE) — Tyson Foods (:TSN) is helping its team members overcome transportation barriers through Commute with Enterprise, a growing rideshare program that provides members of team a low cost way to get to work.

The relationship began last year and has grown to include 26 Tyson Foods facilities, helping more than 1,000 team members and saving approximately 4 million travel miles. Enterprise works with each location to develop a carpooling plan, which involves grouping employees based on where they live and work shifts.

Commute with Enterprise provides each group with a minivan, SUV, or minivan, along with maintenance and insurance, while passengers share responsibilities, like taking turns driving. Participants can save money by sharing vehicle rental and gas costs. On average, it costs between $15 and $25 per week to participate.

“We are always looking for ways to create a better experience for our team members, as many live and work in rural America and face long commute times,” said Hector Gonzalez, worker relations manager. and team members for Tyson Foods. “This program gives them a reliable way to work while helping them save money. It also helps offset the impact of rising fuel prices.

“Before the carpool program, my drive from Winston-Salem to Wilkesboro was about 54 miles and I spent most of my evenings in the car,” said Hazel Tibbs, a Tyson team member in Wilkesboro, Carolina. North. “Now I have more time to do things for myself and exhale from life while only spending $25 a week.”

Some factories take other measures to help team members move around. For example, the Tyson Foods plant in Eagle Mountain, Utah, created a car purchase program by offering team members three installments of $500 to help them buy reliable transportation. . Over the course of 90 days, $1,500 is paid directly to the dealer to support the purchase. Full-time and part-time team members, executive support, and temporary hires are eligible for the program.

Transportation programs are additional examples of the company’s efforts to become the most sought-after place to work in the protein industry. Tyson Foods has invested more than $500 million in pay raises and bonuses for frontline workers over the past year. In addition, it pilots subsidized and on-site child care centers, as well as seven nearby health centers. In addition to providing legal and civic support to immigrant team members, the company recently announced that it will provide free educational assistance to all American team members. A growing number of Tyson production facilities are also offering more flexible work hours for frontline workers.

To learn more about career opportunities at Tyson Foods, visit tysonfoods.com/careers

About Tyson Foods, Inc.
Tyson Foods, Inc. (:TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and developed under four generations of family leadership, the company has a broad portfolio of products and brands including Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp® and State Fair®. Tyson Foods is continually innovating to make protein more sustainable, adapt foods wherever they are available, and raise the world’s expectations for food quality. Based in Springdale, Arkansas, the company had approximately 137,000 team members as of October 2, 2021. Through its core values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers , communities and team members and to serve as custodian of the animals, land and environment entrusted to it. Visit www.tysonfoods.com.

About Enterprise Holdings
Enterprise Holdings, Inc. is a leading provider of mobility solutions, owning and operating the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands through its integrated global network of independent regional subsidiaries. Enterprise Holdings and its affiliates provide a wide range of car rental, car sharing, truck rental, fleet management, retail car sales, as well as travel management and other transportation services, to make travel easier and more convenient for customers. Privately owned by the Taylor family of St. Louis, Mo., Enterprise Holdings manages a diverse fleet of more than 1.8 million vehicles through a network of more than 10,000 fully staffed neighborhood and airport rental locations staff in more than 90 countries and territories..

Media contact: Gary Mickelson, 479-236-9022

Category: IR

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