ATEL Closes Equipment Lease with Tyson Food

March 10, 2011

ATEL is pleased to announce the completion of a multi-million equipment lease with Tyson Foods, Inc. (NYSE: TSN) ATEL provided lease financing for over-the-road trailers for the delivery of Tyson's protein products across the United States.

an JBS S.A., and annually exports the largest percentage of beef out of the United States. With 2010 sales of $28 billion, Tyson Foods is the second-largest food production company in the Fortune 500, the largest meat producer in the world, and according to Forbes one of the 100 largest companies in the United States.

The company makes a wide variety of animal-based and prepared products at its 123 food processing plants. Tyson Foods has approximately 107,000 employees, who work at more than 300 facilities in the United States and throughout the world. Tyson works with 6,729 contract chicken growers.

Tyson Foods is one of the largest U.S. marketers of value-added chicken, beef, and pork to retail grocers, broad line food service distributors, and national fast food and full service restaurant chains; fresh beef and pork; frozen and fully cooked chicken, beef and pork products; case-ready beef and pork; supermarket deli chicken products; meat toppings for the pizza industry and retail frozen pizza; club store chicken, beef and pork; ground beef and flour tortillas. It supplies all Yum! Brands chains that use chicken (including KFC and Taco Bell), as well as McDonald's, Burger King, Wendy's, Wal-Mart, Kroger, IGA, Beef O'Brady's, prisons, and small restaurant businesses.