Articles Tagged with ''Hormel Foods''

Kraft Heinz Announces Agreement to Sell Nuts Business to Hormel Foods

Transaction expected to close in first half of 2021, subject to regulatory approvals

February 11, 2021

The Kraft Heinz Company announced that it has entered into a definitive agreement to sell its nuts business to Hormel Foods Corporation in a cash transaction for $3.35 billion. The proposed transaction is expected to close in the first half of 2021, subject to regulatory review and approval.

Hormel Foods Announces Executive Retirement

Jim Splinter, group vice president, corporate strategy, retires after 36 years with the company

June 16, 2020

Hormel Foods Corporation, a global branded food company, announced the upcoming retirement of Jim Splinter, group vice president, corporate strategy.

Hormel Natural Choice Hardwood Smoked Lunch Meats

New lunch meat product line is smoked over real wood chips for more than four hours

May 21, 2020

The makers of Hormel® Natural Choice® premium lunch meat launched a new line of slow-smoked products called Natural Choice® hardwood smoked lunch meats.

Hormel Foods Steps Up to Launch Virtual Internship Program for 60 College Students

The company is creating a hands-on program to educate students, while providing an opportunity to work with all levels of management

May 1, 2020

Hormel Foods launched a virtual internship program to accommodate 60 college students from around the country. With internships in flux at many corporations due the effects of COVID-19, Hormel Foods believed it was imperative to not only honor its commitment to inspired summer interns, but rethink and revolutionize its entire program.

Hormel Foods to Sell CytoSport to PepsiCo

The transaction is subject to customary closing conditions, including regulatory approvals

February 20, 2019

"PepsiCo has deep expertise and experience in the sports nutrition category and has been a long-standing distribution partner for CytoSport and the Muscle Milk® brand, which puts them in a strong position to grow this dynamic business," said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods.

NEW PRODUCTS CONFERENCE | Sept. 30 - Oct. 3 | Minneapolis

Meating Tomorrow’s Needs: Hormel Evolves, Links Insights & Innovation

Speaking at New Products Conference: Jim Splinter, Hormel Foods Corp.

June 29, 2018

Hormel has combined consumer insights, acquisitions and organic innovation and branched into on-trending categories such as better-for-you organic spreads and dips (Justin’s nut butters, Wholly Guacamole) and even sports nutrition (Muscle Milk).

Menchie's Peanut Butter Brownie

Hormel Foods, makers of SKIPPY peanut butter, team with Menchie’s to create new frozen yogurt variety

January 11, 2018

Menchie's Peanut Butter Brownie flavor is made with real SKIPPY® peanut butter and real cocoa powder, and contains no artificial flavors, no artificial colors, no high fructose corn syrup, and no partially hydrogenated oils.

Hormel Foods Acquires Fontanini Italian Meats and Sausages

Move expands Hormel’s foodservice portfolio

August 18, 2017

The company is based in the Chicago metropolitan area and specializes in authentic Italian meats and sausages, as well as a variety of other premium meat products including pizza toppings and meatballs.

Hormel Foods to Sell Clougherty Packing

The purchase price was $145 million in cash, subject to working capital adjustments at closing

December 2, 2016

The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to close within 30 days.

Hormel Foods Announces Leadership Appointments

James M. Splinter appointed as group vice president, Corporate Strategy

October 14, 2016

Hormel Foods Corporation announced several leadership appointments. James M. Splinter has been appointed to the position of group vice president, corporate strategy.

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