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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]
It is now a subsidiary of the Hormel Foods Corporation in Willmar, Minnesota. [20] The company was founded by Earl B. Olson in 1940, when he began raising turkeys. In 1949, he bought the former Farmers Produce Company of Willmar and its turkey-processing plant. [21] In 1953, it was renamed to Jennie-O after his daughter, Jennifer Olson.
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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 ...
Hormel Foods Corporation (NYSE:HRL) shares are trading lower on Wednesday. The company reported that fourth-quarter adjusted earnings per share were 42 cents, which is in line with the street view.
The Spam Museum originated in January 1991 as the Hormel Foods First Century Museum, when Hormel opened a small storefront company museum in celebration of the company's 100 year anniversary. Originally located in Austin's Oak Park Mall, Hormel later re-branded it as the Spam Museum. [1] A much-larger Spam-focused museum opened in September ...
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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.