Hormel Foods Corporation - Company Profile
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COMPANY INFORMATION |
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Company Legal Name |
Hormel foods Corporation |
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Year of Establishment |
1891 |
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Business Lines |
Food Processing Industry |
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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.
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CURRENT DATA |
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Net Sales (2020) |
9.6 billion USD |
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Net Income (2020) |
908 million USD |
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CEO of the Board |
James Snee |
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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.
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CONTACT INFORMATION |
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Phone Number |
1 507 437 5611 |
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Site URL |
https://www.hormelfoods.com |