Hormel

Hormel Foods Corporation (NYSE: HRL) is a food company based in southeastern Minnesota (Mower County), perhaps best known as the producer of Spam luncheon meat. The company was founded as George A. Hormel & Company in Austin, Minnesota, U.S., by George A. Hormel in 1891. The company changed its name to Hormel Foods Corporation 102 years later in 1993. Hormel sells food under many brands, some of which include the Chi-Chi's, Dinty Moore, Farmer Jo... more

Hormel Foods Corporation (NYSE: HRL) is a food company based in southeastern Minnesota (Mower County), perhaps best known as the producer of Spam luncheon meat. The company was founded as George A. Hormel & Company in Austin, Minnesota, U.S., by George A. Hormel in 1891. The company changed its name to Hormel Foods Corporation 102 years later in 1993. Hormel sells food under many brands, some of which include the Chi-Chi's, Dinty Moore, Farmer John, Jennie-O, Lloyd's, Spam and Stagg brands, as well as under its own name . The company is listed on the Fortune 500. George A. Hormel (born 1860 in Buffalo, New York) worked in a Chicago slaughterhouse before becoming a traveling wool and hide buyer. His travels took him to Austin and he decided to settle there, borrow $500, and open a meat business. Hormel handled the production side of the business and his partner, Albert Friedrich, handled the retail side. The two dissolved their partnership in 1891 so that Hormel could start a complete... less