Hormel Foods (NYSE: HRL) is a global branded food company founded in 1891 and headquartered in Austin, Minnesota. The company is primarily engaged in the production, marketing and distribution of a diverse range of high-quality meat and food products. Its offerings span shelf-stable meats, refrigerated meats, fresh pork and turkey products, as well as a variety of prepared foods and condiments designed for retail, foodservice and international markets.
Key product lines include iconic brands such as SPAM®, Skippy® peanut butter, Applegate® natural and organic products, and the Jennie-O® Turkey Store. Hormel Foods operates through several business segments, including Refrigerated Foods, Grocery Products, Jennie-O Turkey Store, and Specialty Foods. These segments allow the company to address evolving consumer preferences for convenience, nutrition and sustainability.
Since its founding by George A. Hormel, the company has grown through strategic acquisitions and innovation in food processing and packaging. Over its more than 130-year history, Hormel Foods has expanded manufacturing and distribution capabilities around the world, serving customers in more than 80 countries. The company continuously invests in research and development to introduce new products, improve quality and enhance food safety.
Hormel Foods is led by President and Chief Executive Officer James Snee, who has been with the company for over 25 years and took the helm in 2016. Supported by a seasoned executive team and a board of directors with diverse industry experience, the company emphasizes sustainability, responsible sourcing and community engagement as core pillars of its corporate governance and long-term strategic growth.
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