Tyson Foods Continues to Struggle With New Coronavirus Infections

While much of the USA cautiously begins opening for business again, hoping the COVID-19 pandemic is withering away, Tyson Foods (NYSE: TSN) faces an apparent resurgence of the novel coronavirus: 570 employees at a North Carolina chicken processing facility with a total workforce of 2,000, or roughly 28.5%, are confirmed to be infected after testing. The meatpacking industry, where workers typically carry out their tasks in crowded conditions, was earlier hit by significant local outbreaks. At one point, America's meat supply chain was thought to be verging on breakdown, prompting President Trump to issue an executive order mandating the industry to keep operating.