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Hormel Plant, Austin, MN in 2023. In 2011, Hormel Foods announced a two-for-one stock split. [39] In 2013, Hormel Foods purchased Skippy—the best-selling brand of peanut butter in China and the second-best-selling brand in the world—from Unilever for $700 million; the sale included Skippy's American and Chinese factories. [40]
Hormel Foods (HRL) opens Papillion Foods, a 535,000-square feet manufacturing plant, to make salami and dry sausage products.
In an effort to keep plants from closing, many instituted wage cuts. Wilson Food Company declared bankruptcy in 1983, allowing them to cut wages from $10.69 to $6.50 and significantly reduce benefits. Hormel Foods had avoided such drastic action, but by 1985, pressure to stay competitive remained. [14]
Jennie-O Foods Inc Plant #1, Willmar, Minnesota Jennie-O processing plant, Willmar, Minnesota. Jennie-O Turkey Store is a brand name of turkey products. It is a subsidiary of the Hormel Foods Corporation in Willmar, Minnesota.
Hormel Food Sales, a unit of Hormel Foods Corporation (NYSE:HRL), voluntarily recalled two varieties of Planters products produced at one of its facilities in April. According to a news release ...
To give the city's wastewater plant time to process the extraneous matter, Hormel and the nearby Quality Pork Processing plant slowed its production from March 9-11.
In August 2007, Hormel Foods, based in Austin, Minnesota, purchased Burke Corporation. In 2011, the Ames facility closed, moving its assets and production to the Nevada plant. Bill Burke, Jr continued to run the company until he retired in 2012. Chad Randick currently serves as president, leading the Burke team since 2015. [4] [5]
Oct. 8—Company provided monetary and product donations totaling more than $450,000 to nonprofit partners in September In recognition of Hunger Action Month, Hormel Foods Corporation partnered ...