Hormel

Dive Brief: Hormel Foods has announced the sale of its whole-bird turkey business to Life-Science Innovations, retaining the Jennie-O brand. LSI will acquire Hormel’s production facility and feed mill in Minnesota, along with associated transportation assets and farmer supply contracts.…

Summary: Hormel Foods experienced higher prices for pork and beef in fiscal year 2025, with turkey supplies limited by the avian flu, according to interim CFO and Controller Paul Kuehneman during a Dec. 4 earnings call. Cost inflation for pork…

Hormel Foods has announced a corporate restructuring that includes cutting 250 corporate and sales positions. Read more about this decision. Hormel is closing open roles and reducing certain positions to align resources with strategic priorities. The company is also implementing…

Hormel Foods Establishes Partnership with Forward Consumer Partners Hormel Foods is selling a majority stake in Justin’s, the popular nut spreads and confectionery brand, to a private investment firm for an undisclosed amount. The Spam and Planters manufacturer is selling…

Key Takeaways: Hormel Foods has decided to cease bacon production at its Tucker, Georgia, plant in order to enhance its manufacturing operations, as stated in a communication to Supply Chain Dive. The company made the decision to halt production at…

When Hormel Foods made a significant investment of $3.35 billion four years ago to acquire Kraft Heinz’s snack nut portfolio, much attention was focused on the standout product of the deal: Planters nuts.Read more. However, nestled within this acquisition was…

Key Highlights: Hormel Foods CEO James Snee to retire after nearly four decades with the company at the end of fiscal year 2025. A search committee has been formed to find a successor for Snee, considering both internal and external…

Pam Introduces New Air Fryer Spray for Crispy Results Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never dream…

Key Points: Lyons Magnus acquires Hormel Foods’ Health Labs division for undisclosed amount. Health Labs specializes in products for individuals with specific dietary needs, including dysphagia, malnutrition, diabetes, and cancer treatment. Hormel’s decision to sell Health Labs aligns with its…

Leftovers: New Product Launches in the Food Industry Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never dream of.…