Tyson sees fertile ground for growth outside U.S.

At a time when Brazilian beef giant JBS SA is buying into the United States’ poultry industry, domestic industry leader Tyson Foods Inc. looks to foreign markets and plants for a large portion of its future growth.

Tyson Foods Inc. has bought into the Brazilian, Chinese and Indian poultry markets over the past few years, more intensely in the past 18 months, and has plans for expansion in all of them, according to company information provided by spokesman Gary Mickelson.

Rick Greubel, group vice president and president of Tyson International, said the company had identified four key strategies for growth: optimize commodity business by producing the most efficient products possible; continue to innovate and add value to current products; expand ...