Tyson looks to expand Freshpet, pet treat production

Tyson Foods Inc. recently gave its fourth quarter update, including commentary about its latest line, Freshpet.

Tyson Foods Inc. recently gave its fourth quarter update, including commentary about its latest line, Freshpet.

"We're happy with the rollout of Freshpet , our lines for refrigerated petfood, consumer acceptance is high, and new products are driving share growth," said Donnie Smith, president and CEO of Tyson. "We're in a test to rollout with most national retailers and are poised for expansion."

The company also plans on entering the pet treat market by reopening the idle plant in Iowa , USA, for pet treat production.

To read the full transcript of the update, click here .

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