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  • Jennie-O gains ground with ‘ground’

    West Central Tribune | October 06, 2015
    Folks in California pride themselves on being the trendsetters when it comes to the growing national interest in culinary choices that are both good for you and taste great. What the West Coast trendsetters might not know is that they are actually taking their lead from Willmar, located nearly smack dab in the middle of the country. It’s here that Jennie-O Turkey Store is producing not only the products, but also providing the marketing and development know-how that is helping turkey continue to grow as a consumer choice.
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    Topics: Brands, Company
  • Heard on the Street: Hormel announces yet another dividend

    Post Bulletin | September 29, 2015
    Hormel Foods Corp. announced a quarterly dividend of 25 cents, to be paid Nov. 16 to stockholders as of Oct. 19. It will be the 349th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corp. has paid a regular quarterly dividend without interruption, it announced.
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    Topics: Company, Financial
  • Austin Hormel Plant Donates $10,000 to Charity

    KAAL ABC 6 News | September 28, 2015
    The Austin, Minnesota Plant of Hormel Foods Corporation has donated $10,000 to charity. $4,000 went to the Salvation Army on Army. Another $4,000 to the Meals on Wheels Program and the final $2,000 to the Women’s Leadership Initiative to help fund the weekend food backpack program.
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    Topics: Company
  • Hormel on the lookout for more acquisitions

    Star Tribune | September 23, 2015
    Despite making almost $2 billion in acquisitions in less than three years — including its two biggest deals ever — Hormel Foods Corp. remains on the lookout for takeover targets. But the competition for alluring brands and companies is getting tougher as packaged food companies look to buy into growth in an era of sagging revenue.
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    Topics: Company
  • Hormel's protein powerhouse: growth shaped through deals and new ideas

    Star Tribune | September 23, 2015
    Consumers are becoming more leery of processed foods, yet Spam is still plugging along. Hormel Foods Corp. is even introducing a dried, bite-size snack version of the 78-year-old paragon of processing. At the same time, Hormel is crossing a new meat frontier — organic and natural — with its recent $775 million purchase of Applegate Farms.
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    Topics: Brands, Company, Innovation
  • Hormel’s new look(s)

    Food Business News | September 18, 2015
    Hormel Foods Corp. is diversifying. The corporation synonymous with such iconic brands as Spam, Dinty Moore and Cure 81 is now a competitor in such categories as peanut butter with its Skippy brand, performance products (Muscle Milk) and condiments (Wholly Guacamole). The diversification has extended the company’s reach in the marketplace and given it a platform from which to innovate.
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    Topics: Brands, Company, Events
  • Meet the top 50 female CFOs in America

    Business Insider | September 14, 2015
    Female finance chiefs are rising. The Fortune 500 list of the largest companies in America now features 58 female CFOs, more than double the 22 female CEOs who are featured on the list ... As executive vice president and CFO for Hormel Foods, Feragen oversees all financial areas of Hormel Foods Corp., including accounting, information technology, internal audit, investor relations and treasury.
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    Topics: Awards & Recognition, Company, Financial
  • Faribault council gives the nod for the Jennie-O Turkey Store addition

    Faribault Daily News | August 27, 2015
    Jennie-O Turkey Store in Faribault is hoping to get construction underway on its 17,521-square-foot addition within the next 30 days. Upon completion, John Hotek, director of engineering for Jennie-O Turkey Store, told the council it’ll take roughly 20 to 25 new, skilled employees to operate, maintain and manage the state-of-the-art equipment.
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    Topics: Company
  • Hormel's latest profit beats forecasts despite bird flu impact, company raises outlook

    Star Tribune | August 19, 2015
    The bird flu that has plagued Hormel Foods Corp.’s Jennie-O turkey business hasn’t slowed the company’s momentum. Austin, Minn.-based Hormel beat analysts’ third-quarter earnings expectations and upped its full-year profit guidance, as its other core businesses — from canned chili to Skippy peanut butter and fresh pork products — have been prospering.
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    Topics: Company, Financial
  • Hormel Foods Raises Profit Outlook

    Wall Street Journal | August 19, 2015
    The Jennie-O Turkey Store Faribault plant, the local manufacturing plant owned by Hormel Foods Corporation, donated $10,000 to the St. Vincent de Paul Center to help combat hunger in Faribault and surrounding communities.
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    Topics: Company, Financial
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