Hormel Foods Corporation is an American multinational food corporation that deals in refrigerated, shelf-stable, and packaged food. The company is a worldwide recognized branded food company that was founded in 1891 in Austin, Minnesota, and since then it has expanded to 80+ countries with an annual income of more than 12 billion.
The company manufactures and sells a diverse array of food categories, such as meat and protein products, snacks, pantry food, and ready-to-eat food. It has over 30 popular consumer brands, including SPAM, Skippy, Planters, Applegate, Jennie-O, Columbus, and Justin, most of which lead the markets in the 40 or more categories it operates in. Hormel supports major consumers and businesses by selling these products in retail stores, foodservice, and global markets.
Hormel has several business units, which comprise the retail division, foodservice, and foreign division. Its retail division deals with customer-packed foods, and foodservice supplies tailor-made goods to the restaurants and institutions. The international division facilitates exports and local activities in the global markets where products such as SPAM have high demand.
The company is that it employs 20,000 personnel worldwide and is listed in the S&P 500 index. Its business encompasses the manufacturing, processing, packaging, and distributing business with the aid of a global supply chain and brand strength. It has become a multinational branded food enterprise with a diversified product line and an excellent retail background.