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1 Hormel Place Austin, MN 55912-3680 MN Tel. 507-437-5611 Fax 507-437-5129 |
Type: Public
On the web:
http://www.hormelfoods.com
Employees:
19,500
Employee growth: 1.0%
The maker of such thrifty pantry staples as Spam (spiced pork and ham) lunch meat and Dinty Moore stew has turned sophisticated. In addition to canned meats, Hormel Foods produces a slew of refrigerated processed meats and deli items, ethnic entrees, and frozen foods, sold under the Hormel brand, as well as Don Miguel and MegaMex Mexican, Country Crock (side dishes), and Lloyd's barbeque. Foodservice offerings include Hormel Natural Choice meats, Café H ethnic, Austin Blues barbeque, and Bread Ready pre-sliced meats. Hormel is also a major US turkey and pork processor, churning out Jennie-O turkey, Cure 81 hams, and Always Tender pork. Thirty-four Hormel brands are ranked #1 or #2 in their respective markets.
Key numbers for fiscal year ending October, 2011:
Sales: $7,895.1M
One year growth: 9.3%
Net income: $474.2M
Income growth: 19.9%
Officers:
Chairman, President, and CEO: Jeffrey M. Ettinger
EVP, CFO, and Director: Jody H. Feragen
VP External Affairs and General Counsel: Lori J. Marco
Competitors:
ConAgra
Kraft Foods
Tyson Foods
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