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Tdc company history timeline

1875

The discovery, which in turn led to the use of magnetic fields to create electricity, became a cornerstone of the development of the telegraph and especially the telephone, patented by Alexander Graham Bell in 1875.

1881

Such was the case in Denmark, where Bell established the country's first telephone exchange in Copenhagen in 1881.

1882

1882: The Copenhagen exchange is placed under Danish control and becomes Kjøbenhavns Telefon-Aktieselskab (KTAS).

1931

In 1931, John W. Tyson moves his family to Springdale, Arkansas, in search of new opportunities.

1935

In 1935, John Tyson bought 50 "springer" chickens and hauled them to Chicago to sell at a profit.

1946

On April 10, 1946, John has a load of Andy Christy’s New Hampshire Reds delivered by airplane to Fayetteville, a first for Northwest Arkansas.

1947

In 1947, the company was incorporated.

1950

1950: PTT establishes control over the telephone market, regrouping local telephone companies into four regional telephone companies.

1952

Don Tyson joined his father in the business in 1952, and the company began to expand its production facilities.

1958

For the next six years, Tyson focused on expanding production facilities, and, in 1958, the company opened a processing plant in Springdale, Arkansas, the site of the company headquarters.

1961

Like Tollett, Wray was another college classmate of Tyson's and had joined the firm in 1961.

1962

At that time, processors customarily hired farmers to raise their chickens; Tyson and the others had been accused of "boycotting and blacklisting" association members in 1962.

1963

In 1963 the company went public and changed its name to Tyson's Foods, Inc.

1966

In 1966, John Tyson and his wife died in an automobile accident, and Don Tyson took over the business as president.

1967

When Tyson lost more than a dollar per share in earnings in 1967 the firm began the process of acquiring smaller companies to increase its share of the market.

1968

In 1968, Tyson went to court with two other processors when an Agriculture Department officer alleged that the processors had discriminated against Arkansas chicken farmers who were members of an association of poultry farmers.

1969

In 1969 it purchased Prospect Farms, Inc., which became a precooked chicken division.

1971

In 1971, after a period of growth and diversification, the company's name was changed to Tyson Foods.

1972

In 1972, Tyson acquired the Ocoma Foods Division of Consolidated Foods Corporation, including three new plants, as well as Krispy Kitchens, Inc., and the poultry division of Wilson Foods.

1972 was a shakeout year in the poultry business, and several large processors sold out to those with better prospects of survival, easing competition.

1973

Incorporated in 1973, it acquired the trading and other assets of J.W. Thurston and Company Limited and H. F. Wildy and Company Limited.

1974

In 1974, in an effort to further broaden its trading base, the Company purchased the substantial trading stocks and agencies of A. M. Losada Limited, to meet the growing demands of the day.

1978

Tyson bought the rest of Wilson Foods in 1978.

1979

In addition to the chicken patty it sold chicken hot dogs and bologna, just a few of the 24 specialty products it had developed by 1979.

Tyson was already a leader in introducing new products like its chicken patty, chicken hotdog, and chicken bologna--by 1979, it had 24 specialty products.

1980

In 1980 Tyson introduced a Chick 'n Quick line, which offered easy-to-prepare chicken portions.

1983

In 1983, Tyson Foods acquires Mexican Original, Inc., a flour and corn tortilla processing plant in Fayetteville, Arkansas.

1984

It continued to acquire other companies and by 1984 had expanded its operations into five other states besides Arkansas.

1986

In 1986, the country took the unusual step of abandoning the PTT model.

Don Tyson won the gold award from the Wall Street Transcript in 1986 for his business successes.

1988

A major coup for Tyson in 1988 was the takeover of Holly Farms Corporation, the national brand-name leader in chicken sales.

1989

By the end of 1989, the company has doubled in size in just five years, becoming the world’s largest fully-integrated producer, processor, and marketer of poultry-based food products.

1990

In 1990, for the eighth consecutive year, the company reports record sales and earnings.

1990: Tele Danmark is created as a holding company for four regional telephone companies and Telecom A/S.

1991

In 1991, Tele Danmark acquired Tele Sønderjylland and Fyuns Telefon.

By 1991, the company’s international sales offices include Japan, Hong Kong, Singapore, and Canada.

1992

In 1992 Tyson acquired Arctic Alaska Fisheries Corporation, a vertically integrated seafood products company, and Louis Kemp Seafood Company, which was purchased from Oscar Mayer Foods Corporation.

1994

In 1994, the Danish government launched a public offering of nearly 49 percent of Tele Danmark.

In 1994 the company decided to build four new poultry plants at a cost of $400 million and also bought a controlling interest in a Mexican chicken-processing company.

1995

1995: Tele Danmark merges with its subsidiaries.

Tyson's Beef and Pork Division grew substantially over the next several years and claimed 11 percent of the company's revenue by 1995.

In 1995, the company establishes its Moscow office.

1996

Warner, Melanie. "Tough Times for the Chicken King." Fortune, October 28, 1996.

With its home market opened for competition in 1996, Tele Danmark began looking elsewhere for growth.

Springdale, AR: Tyson Foods, 1996.

1997

1997: Tele Danmark and Ameritech form a strategic partnership, giving Ameritech a 34 percent (later 42 percent) stake in Tele Danmark.

In 1997 Tyson took the very significant step of purchasing Hudson Foods, Inc., the fifth-largest producer of chickens in the United States

1998

In January 1998, Tele Danmark bought out the majority control of its shares that had been held by the Danish government.

In 1998 Tyson accepted a settlement from the Office of Independent Counsel, agreeing to pay $6 million in penalties and costs for its alleged influence-buying.

1999

1999: SBC Communications becomes the primary shareholder after its merger with Ameritech.

2000

In 2000, Chairman John H. Tyson is also named CEO. John, like his father and grandfather, leads Tyson Foods through another period of dramatic expansion.

2001

Yet TDC remained a relatively minor player in the international market, despite backing from its primary shareholder SBC. Merger talks between Telia and TDC failed to find agreement in 2001, ending hopes for the company's participation in the emergence of a single Scandinavian telecom powerhouse.

In 2001, Tyson Foods acquires IBP, inc., and its subsidiary Foodbrands America, Inc. to become, at the time, the world’s largest processor and marketer of chicken, beef, and pork.

2004

2004: SBC announces its intention to sell off its stake in TDC as part of a pullout from the European market.

2008

We’re still located in the same place today, although a few more buildings have been added and the street name changed to Don Tyson Parkway in 2008.

2010

In 2010, Tyson Foods marks its tenth year as a partner with Share Our Strength, leading the protein industry by donating more than 76 million pounds of products to hunger and disaster relief.”

2014

In July 2014, Tyson Foods marks 10 years of sustainability progress.

2017

In December 2017, Tyson Foods made a move into the plant-based meat market with a 5 per cent acquisition of Beyond Meat.

2018

With 2018 revenue coming in at just over $40 billion, Tyson Foods ranks as the largest food processing operation in the United States and second in the world, behind only JBS from Brazil.

2019

In February 2019, Tyson Foods announces an agreement to acquire Thai and European Operations from BRF S.A., including processing facilities in Thailand, the Netherlands, and the United Kingdom, to expand offerings of value-added protein in global markets.

2021

In May of 2021, The Driveway Company was acquired by the newly named Stellar Brands, which is the umbrella company behind the Restoration 1 and bluefrog Plumbing + Drain franchises.

2022

"Tyson Foods ." Gale Encyclopedia of United States Economic History. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/history/encyclopedias-almanacs-transcripts-and-maps/tyson-foods

©2022 The Driveway Company.

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