EAGLE MOUNTAIN CITY (May 16, 2019) — Eagle Mountain City today announced 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.
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. The product is placed in trays, weighed and labeled, and then shipped to retailers for sale in grocery store meat cases.
“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.”
Tyson Fresh Meats is the beef and pork unit of Tyson Foods, Inc., one of the nation’s leading food companies. The business currently operates case ready plants in Iowa, Tennessee and Texas. Online video of the Texas facility can be accessed here. Starting wages for hourly employees at its existing facilities currently range from $14.40 to $16.50 per hour, with Tyson Foods offering health care benefits, 401(k) and the opportunity for advancement. Some skilled positions start at $20 per hour. Annual local payroll is projected at $44 million.
“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.”
The Utah Governor’s Office of Economic Development (GOED) previously announced the project would be locating in Utah, adding an estimated $27 million in new state tax revenue over the next 10 years. It is anticipated the project will have more than a $1 billion economic impact in the first ten years due to construction of the facility, salaries, taxable sales, and other investments in the local economy.
“It’s great to see Tyson Foods expand in Eagle Mountain,” said Val Hale, executive director of the Governor’s Office of Economic Development. “New jobs in that area will provide employment opportunities for many city residents who commute to work in the Utah and Salt Lake Valleys. Employment opportunities like this, closer to home, help reduce traffic congestion and improve air quality.”
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.
Eagle Mountain City and Alpine School District have approved a Community Reinvestment Project Area for this project and the remaining taxing entities will consider the project for approval at upcoming meetings. The case ready plant will be located in the Pole Canyon development at the southwest end of Eagle Mountain City (see map attachment) and is expected to open as soon as 2021.
About Eagle Mountain City
Located in northern Utah County almost equidistant between the metro areas of Salt Lake City and Provo, Eagle Mountain City has grown from a population of 250 at its incorporation in 1996 to almost 40,000 today. Surrounded by natural beauty, the city offers many outdoor recreation opportunities. Eagle Mountain is the third largest city in Utah in terms of land mass and values conservation of natural resources in our community planning. www.eaglemountaincity.com
About Tyson Foods
Tyson Foods, Inc., (NYSE: TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp®, and State Fair®. Tyson Foods innovates continually to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas, the company had 121,000 team members at September 29, 2018. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit www.tysonfoods.com.