Hormel Foods Corp, an American food company, is engaged in the production, distribution, and sale of various meat and other food products.
The food company originally had its business in the packaging and selling of various products for the consumers, such as: Ham Spam (canned pork made cooked food), sausage and other pork items, chicken beef and lamb products.
However, by the 1980s, Hormel Food Corp ventured into the business of food packaging and refrigeration services.
The food firm operates and manages its business through its different segments, such as:
• Grocery Products Segment
• Refrigerated Foods Segment
• Jennie-O Turkey Store Segment
• International and Others
Grocery Products Segment
The US-based firm engages in the processing, distribution, and selling of on-the-shelf grocery food products under the business segment.
Refrigerated Foods Segment
The segment deals with the operations of processing, distribution, and selling of meats. It includes both branded as well as non-branded pork, beef, and other poultry products.
Meanwhile, the firm sells these food products to the retailers, delis, as well as to the consumers.
Jennie-O Turkey Store segment
The American food processing company solely focuses on processing, distributing, and selling branded and non-branded turkey products.
International and Other operations
The segment deals with the operations of Hornel Foods International.
Hornel Foods International engages itself in the manufacturing, marketing, and sale of food products globally.
The food company, founded by businessperson George A Hormel in 1891, is headquartered in Austin, Minnesota.
The American meat processing company operates and provides services under a family of brands, such as:
• Hormel Always Tender: offers pre-marinated flavored meats
• Chi-Chi's: Mexican food grocery products
• Jennie-O: offers turkey products
• Justin's: natural and organic nut butter and peanut butter cups
• La Victoria: Mexican food products
• Planters: Snacks food company
• Skippy: Peanut Butter manufacturer
• Stagg Chilli: offers chili con carne
The food processing company is a S&P 500 firm that is listed on NYSE under stock quote of ‘HRL'. In addition, it claims to be among the America's Best Employers for 2021 and in Forbes Global 2000.