About Hormel Foods – Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Columbus®, Wholly Guacamole®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the tenth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future – Inspired People. Inspired Food.™ – focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and https://csr.hormelfoods.com/.
About WholeStone Farms
WholeStone Farms was established in 2017 to create and capture value in the pork supply chain. WholeStone Farms is owned by our 220 members who are independent producers and farmers raising livestock and crops in the upper Midwest. We collectively farm nearly 400,000 acres of cropland, raise 12 million pigs a year, and share a vision to continue the legacy of family farming. With over 1,000 family members involved and 25% on their fourth generation, we are proud of what we do, the food we produce, and we are deeply committed to sustainable agriculture and the rural communities we live in. For more information, visit www.wholestonefarms.com.
HORMEL FOODS FORWARD-LOOKING STATEMENTS
This news release contains forward-looking information based on management’s current views and assumptions. Actual events may differ materially. Factors that may affect actual results include, but are not limited to: whether and when the required regulatory approvals will be obtained, whether and when the closing conditions will be satisfied, and whether and when the transaction will close. Please refer to the cautionary statement regarding Forward-Looking Statements and Risk Factors that appears on pages 34-40 in the Hormel Foods Form 10-Q for the fiscal quarter ended April 29, 2018, which can be accessed at www.hormelfoods.com under “Investors-SEC Filings.”