Bill Flaig, CEO and co-founder of the $79 million American Conservative Values Fund (ACVF), told DailyMail.com that he has divested from Tyson and won't buy any more stock in the company.
Bill Flaig's $79 million conservative ETF has divested from Tyson Foods. The meat giant says it wants to double its immigrant hires to 84,000 this year. READ MORE:A conservative fund manager has pulled investments from Tyson Foods, saying the meat and poultry giant has alienated its consumers by laying off Americans workers and hiring 42,000 asylum seekers.
Tyson Foods says it wants to hire 42,000 immigrants this year and offers 'job-and-lawyer' packages to new arrivals in New York Tyson earlier this month said it was shuttering its pork plant in Perry, Iowa, putting 1,276 people out of work in a town of just 8,000. Tyson seeks to double its number of immigrant employees to 84,000 this year, including roles at this plant in Springdale, ArkansasThey travelled to work at its poultry plant in Humboldt, Tennessee.It offers recruits $16.50 an hour work, paid-for immigration lawyers to help them get work permits, and other perks.
Tyson is America's biggest meat and poultry firm, by sales, which dropped by 0.8 percent to $52,881 million last yearThis backlash 'outweighs any potential economic benefit' from cheap labor, he said. 'It is ILLEGAL under federal law to discriminate against American citizens based on their citizenship in favor of non-citizens of any kind when it comes to employment,' the legal action group posted online.
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