Hormel Foods Corporation operates in the Meat packing plants sector. Hormel Foods Corporation is engaged in the production of a range of meat and food products and the marketing of those products throughout the United States and internationally. The Company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store (JOTS), Specialty Foods, and All Other. Internationally, the Company markets its products through Hormel Foods International Corporation (HFIC), a wholly owned subsidiary. HFIC has a presence in the international marketplace through joint ventures and placement of personnel in foreign locations, such as Australia, Canada, the People's Republic of China, Japan, and the Philippines. On October 26, 2009, the Company completed the formation of MegaMex Foods, LLC (MegaMex), 50 % joint venture, which markets Mexican Foods in the United States. Effective February 1, 2010, the Company completed the acquisition of the Country Crock chilled side dish business from Unilever United States Inc. In
our complete report available for purchase the company is compared to: Seaboard Corporation, Smithfield Foods, Inc. and Sara Lee Corporation.