Tyson Foods hopes to sell closed plant for $4.8 million

Tyson Foods is preparingto sell it recently closed plant in Buffalo, New York, with an asking price of  $4.8 million.
According to a report in the Buffalo News, the property includes a 165,000 square foot building that sits on 10 acres alongside I-190.
The plant, which processed hot dogs, sausage and hams, ceased operations on January 3.
Tyson Foods had announced in 2014 that the plant in Buffalo, along with another plant in Santa Teresa, New Mexico, would close in January 2015. Another plant, located in Cherokee, Iowa, closed on September 27.
The company decided to close the three plants, which were part of Tyson Foods’ Prepared Foods business, in favor of shifting some of the production and equipment to other, more cost-efficient Tyson Foods locations.
Employees were given the option to transfer their employment to other company facilities, but only a small percentage of Tyson’s 287 workers in Buffalo chose to relocate with Tyson.
The three plants slated for closure were acquired in 2001 when Tyson Foods acquired IBP Inc.
The plant in Santa Teresa produced a variety of cooked products, including dinner meats, diced ham and roast beef. The facility in Cherokee produced deli meats, hams, Canadian bacon and hot dogs.