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Hormel Foods Corporation · Austin, MN United States ·(NYSE: HRL)

Company Description

1 Hormel Place
Austin, MN
55912
United States (Map)
Phone: 507-437-5611
Fax: 507-437-5129
Rankings
  • #373 in FORTUNE 500
  • S&P 500
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Now that Hormel Foods has stocked its pantry with ethnic convenience foods, can we look forward to SPAM soufflĂ©, SPAM enchiladas, or SPAM curry? Along with its famous canned "spiced ham," SPAM, Hormel is a top US turkey processor and a major pork processor, making Jennie-O turkey products, Cure 81 hams, and Always Tender fresh pork, as well as canned Stagg chili and Dinty Moore beef stews. Hormel has branched out into convenience, ethnic, and frozen foods, offering brands such as Chi-Chi's Mexican, Patak's Indian, and House of Tsang Asian products. Hormel also has a significant foodservice operation. To read the full description, subscribe now.
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Key Hormel Foods Corporation Financials

Company TypePublic - NYSE: HRL

Headquarters
Fiscal Year-EndOctober
2008 Sales (mil.)$6,754.9
2008 Employees19,100

Hormel Foods Corporation Executives

58 executives listed for Hormel Foods Corporation's Austin, MN location.
TitleName & BioContact
Chairman, President, and CEOJeffrey EttingerNetwork
SVP, CFO, and DirectorJody FeragenNetwork
EVP Grocery ProductsRonald FieldingNetwork

Competition

Competitive Landscape for Hormel Foods Corporation
Demand is driven largely by demographic shifts, particularly trends in population and age, working women, race and ethnicity, household size, and levels of disposable income. The profitability of individual companies depends on a good product mix and efficient operations. Large distributors are advantaged by bulk purchasing and economies of scale in distribution. Smaller companies can compete effectively by specializing in organic, natural, or kosher products or focusing on a geographical area. Average annual revenue per worker for a typical company is $675,000. To read the full description, subscribe now.
Top Hormel Foods Corporation Competitors
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