Hormel Foods Added to S&P 500 Index
AUSTIN, Minn. | March 03, 2009
Hormel Foods Corporation (NYSE:HRL), one of the nation’s largest manufacturers and marketers of consumer-branded meat and food products, today announced that the company’s common stock was added to the Standard & Poor’s 500 Index after the market closed.
"We are honored to be aligned with this distinguished list of America’s leading companies,” said Jeffrey M. Ettinger, chairman of the board, president and chief executive officer at Hormel Foods. “This is a testament to the hard work and dedication of the more than 19,000 employees around the world.”
Hormel Foods was added to the S&P 500 GICS (Global Industry Classification Standard) Packaged Foods and Meats Sub-Industry index.
About Hormel Foods
Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. In each of the past ten years, Hormel Foods was named one of “The 400 Best Big Companies in America” by Forbes magazine. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. For more information, visit www.HormelFoods.com
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