Kansas Economy Suffers Beef Industry Layoffs & Shortages

The financial future of the Sunflower State is looking more perilous despite so much political chest thumping and optimism in the aftermath of election victory.

Here's a reality check and another local industry taking a hit . . .

"The move adds to a series of plant shutdowns by Springdale, Arkansas-based Tyson Foods since last year as part of a broader turnaround effort. While profits at its chicken business have rebounded this year, the company’s beef operation — its largest — remains under pressure due to a severe shortage of cattle in the US."

Read more via www.TonysKansasCity.com link . . .

Emporia city manager calls Tyson layoffs a major 'setback'

EMPORIA, Kan. (KSNT) - A major employer is set to lay off hundreds of employees in the Emporia area. The city manager there calls it a "setback" for the community. The Kansas Department...

Tyson to Shut Kansas Plant as US Beef Shortage Erodes Profits

(Bloomberg) -- Tyson Foods Inc. will shut a meat plant in Kansas next year, eliminating 809 jobs, as the company seeks to slash costs amid a downturn in the beef industry. Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City's Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe suspension of operations in Emporia is expected to be complete by Feb.

Developing . . .