Info

Hormel Foods Corporation is engaged in the production of a variety of meat and food products, and the marketing of those products throughout the United States and internationally. In addition to pork and turkey, the Company also manufactures and distributes branded, value-added consumer items. The Company operates in five segments, including grocery products, refrigerated foods, Jennie-O Turkey Store (JOTS), specialty foods and all other. During the fiscal year ended October 28, 2007 (fiscal 2007), the Company acquired Saag’s Products, Inc. (Saag’s), a processor and marketer of branded, gourmet sausages and specialty smoked meats. In December 2006, the Company completed the acquisition of Provena Foods Inc. (Provena), which provides pepperoni and pasta to pizza makers and packaged food manufacturers. In August 2007, the Company acquired Burke Corporation (Burke), a manufacturer and marketer of pizza toppings and other fully cooked meat products.(Source: 10-K)