Japanese Firm To Buy Tyson's Circle Foods

Tyson Foods plans to sell its Circle Foods operations to Ajinomoto Co. Inc., one of the largest food producers in Japan.

In an email sent Monday, Springdale-based Tyson said it is working with Ajinomoto Windsor, the parent company's U.S. subsidiary, on a transition plan.

Ajinomoto Windsor will spend about $48 million, with $28 million for land and building costs and about $20 million for production assets, Ajinomoto Windsor Vice President Paul Taylor* said.

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