Hormel Foods Provides Additional Support for Typhoon Victims
AUSTIN, Minn | December 11, 2009
Hormel Foods Corporation (NYSE: HRL) today announced a donation to the American Red Cross International Response Fund in the amount of $11,329.10. This includes employee gifts of $5,664.55 and the dollar-for-dollar company match.
The donation to the Red Cross will help support victims of the typhoons in the Philippines that ravaged the country in September and October. The Red Cross provides supplies, technical assistance and other support to help those in need.
“The generosity of our employees is extremely touching, and I am proud of the matching gift we are making to help victims,” said Jeffrey M. Ettinger, chairman of the board, president and chief executive officer at Hormel Foods. “In the wake of the devastating typhoons, we made a 30,240-pound donation of SPAM® product to the Philippine National Red Cross, and we hope these funds will continue to help the recovery and rebuilding efforts.”
Hormel Foods and San Miguel Corporation have a joint venture, Purefoods-Hormel Company, located in Marikina.
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. The company is a member of the Standard & Poor’s 500 Index, and in each of the past 10 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 http://www.hormelfoods.com