Tyson buys Mexican food factory in San Diego that employs 600
Tyson Foods, Springdale, Ark., is branching out beyond the beef, pork and chicken for which it’s known, voyaging deeper into the prepared foods world by snapping up a Mexican food factory in San Diego, from Montreal investment firm Claridge Inc. Tyson acquired Circle Foods, which employs 600 full-time workers at its Southern California facility. The deal was completed June 1.
Circle Foods has been in operation for 25 years. Its 159,000-sq.-ft. facility was built in 2008 and produces refrigerated and frozen burritos, chimichangas, enchiladas, quesadillas, tacos and tamales. The site also churns out uncooked tortillas and Indian flatbreads.
Tyson says it doesn’t plan to make any major changes at the factory and will keep Circle’s managers in place. This is Tyson’s second major acquisition this year, preceded by its Tyson Mexican Original purchase of Don Julio Foods.