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Hormel Foods Corporation - Company Profile

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Hormel Foods Corporation - Company Profile

 

COMPANY INFORMATION

Company Legal Name

Hormel foods Corporation

Year of Establishment

1891

Business Lines

Food Processing Industry

Geographical Presence

Worldwide

 

Based in the United States, Hormel Foods Corporation is a multinational food processing company that manufactures and markets meat and other poultry products. Hormel markets its products around the world under a variety of branded names including Hormel® pepperoni, Applegate® natural and organic meats, Jennie-O® turkey, SKIPPY® peanut butter, Black Label® bacon, Wholly Guacamole® dips, Columbus® meats, Justin’s® nut butter, Hormel® chili, Muscle Milk® sports nutrition drinks, and SPAM® products.

Hormel Foods operates its business through the following segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International and Other.

The Grocery Products segment is associated with shelf-stable food products. The Refrigerated Foods segment handles branded and unbranded pork, beef, and poultry products. The Jennie-O Turkey Store segment is concerned with branded and unbranded turkey products. The International and Other segment manufactures, markets, and sells the company products internationally.

 

CURRENT DATA

Net Sales (2020)

9.6 billion USD

Net Income (2020)

908 million USD

CEO of the Board

James Snee

Employee Count

20,000

 

In February 2021, Hormel Foods Corporation has made an agreement with Kraft Heinz company to acquire its snack nut portfolio in the name of Planter. The acquisition includes the Planters®, NUT-rition®, Planters® Cheez Balls, and Corn Nuts® brands.

The company was founded by George A. Hormel in 1891 and is headquartered in Austin, Minnesota.

 

CONTACT INFORMATION

Phone Number

1 507 437 5611

Site URL

https://www.hormelfoods.com