Chicago, IL - A suburban food processing group paid $7.4 million this month to buy the former Tyson Food plant in the city’s Back of the Yards neighborhood.
OSI Group, based in Aurora, takes over ownership of the Tyson plant at 4201 S. Ashland Ave., according to the Chicago Tribune.
Tyson Foods said last year that 480 jobs would be lost when the facility shuts down on Oct. 1.
Find out what's happening in South Sidefor free with the latest updates from Patch.
A statement from OSI indicated the 200,000-square-foot facility is near the company’s other plants in Chicago and will “provide the infrastructure to support continued business growth."
Find out what's happening in South Sidefor free with the latest updates from Patch.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.