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January 1, Ozarks Town Recovers From Tyson Plant Closure, Seeks Tourism-Driven Revival
A rural town in the Ozarks faces an uphill battle following the closure of a Tyson Foods Inc. chicken processing plant, which left nearly a third of its residents unemployed. Noel Mayor Terry Lance told Fox News Digital, “The people around here are resilient,” adding that there’s more energy towards finding a new path for the town than he’s seen in years.
The Missouri town, home to about 2,000 residents, suffered a significant blow when Tyson announced in October last year that it was shutting down the plant, the county’s largest employer. The closure left 1,500 workers, including 650 Noel residents, without jobs.
Lance expressed concern that the loss of population and tax revenue would impact the town’s ability to provide essential services. However, he quickly organized job fairs alongside McDonald County Chamber of Commerce President John Newby, to find work for the unemployed locals.
With the loss of Tyson workers, Noel’s sales tax revenue has dropped nearly 25% this year. Despite the economic challenges, some residents see the closure as an opportunity to rebuild Noel as a tourist destination, focusing on the area’s natural resources and attractions.
Tyson Foods still owns the plant location, and its spokesperson stated, “We are always open to exploring opportunities and are willing to discuss a potential sale with any interested party.”
Meanwhile, Mayor Lance remains optimistic that if the community can capitalize on its natural resources, Noel can foster a self-sustaining economy without relying on big businesses.
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Jim
April 30, 2024 at 11:27 am
This is a good example of why local governments should NEVER give tax-credits or other taxpayer-funded incentives to ‘Big Corp’ when approached about opening a factory location in their jurisdictions. Big corporations don’t really care about local economies or their residents –contrary to their public statements when wanting concessions from local governments. Almost always, local governments give up too much to lure in industries that will employ local residents. Big Corp runs on bottom-line decisions. They are driven by profit expectations — nothing else matters to them. The same formula also applies to sports/entertainment arenas. Putting taxpayer dollars at risk to lure in private businesses is risky business.
baggo
April 30, 2024 at 12:59 pm
DO NOT BUY TYSON FOOD PRODUCTS!!! They are moving their plants to New York and hiring illegals to work there at $.50 on the dollar. Tyson makes enough money so they didn’t have to do that. They don’t care about America so I don’t care about them. I wish this article would have covered more.