Tyson Foods, Inc. has been named “Processor of the Year” by National Provisioner magazine, which praised the company for carrying out a “straightforward stabilization plan” in the face of the economic downturn in 2008-2009.

“The success of that plan has allowed Tyson to grow its business in spite of the economic headwinds,” the magazine wrote.

National Provisioner’s editor-in-chief, Andy Hanacek, noted the company’s continued efforts to reduce costs while focusing on customer service as reasons for the “Processor of the Year” honor.

The magazine features Tyson in its cover story “Team-Driven Turnaround,” which is available at www.provisioneronline.com/articles/96608-turnaround. A sidebar story on the company’s Fresh Meats Case-Ready plant in Sherman, Texas, and a remembrance of Don Tyson are included.

Hanacek traveled to Springdale to meet with Tyson’s senior executives, including President and CEO Donnie Smith.  “The key to any successful business is focusing on adding value to your customer — that’s our No. 1 goal as we come to work every day,” Smith is quoted in the story. “We’re going to take care of our people, our people will take care of our customers and that will take care of our shareholders. That’s the simple underlying principle.”

Hanacek also toured the Sherman case-ready plant. “Sherman epitomizes Tyson’s ability to adapt and pounce quickly on trends driving the industry, and it also displays team members’ abilities to be innovative and take responsibility for driving out inefficiency,” Hanacek wrote of his tour.