AUSTIN, MINN. – Hormel Foods Corp. is taking steps to further streamline its operations; continuing to move away from the price volatility often found in the markets for commodity meats and focusing on manufacturing branded, value-added offerings.
“Over the past decade, Hormel Foods has deliberately evolved from a meat-centric, commodity-driven company with a heavy focus on retail, pork and turkey to a global branded food company with leading brands across numerous channels,” said James P. Snee, chairman, president and chief executive officer, during a Dec. 9 conference call to discuss fiscal 2021 financial results. “Our company today is more food forward than ever with a sharp focus on the needs of our customers, consumers and operators.”
