Food-processing companies have spent millions of dollars on testing and safety to stay in operation during the pandemic. But finance chiefs now are weighing which of those costs are temporary, and which are permanent. Hormel and other food producers have begun offering on-site tests at plants in areas with significant outbreaks. The cost can exceed $100,000 per plant, Mr. Sheehan said, describing testing as an important way to contain future outbreaks. Tyson expects most of the extra costs associated with Covid will be temporary, CFO Stewart Glendinning said at a conference last month.

Source: Wall Street Journal June 07, 2020 12:56 UTC