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Food Processing Names In Play As Hormel To Purchase Applegate Farms
Wednesday, May 27, 2015 - 12:46pm | 359Shares of food processing stocks were in play Wednesday following a report that Hormel Foods Corp (NYSE: HRL) will buy natural and organic meat processor Applegate Farms LLC for approximately $775 million. In a press release, Hormel CEO Jeffrey M. Ettinger said, “A growing number of...
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Hormel Foods Comments On Detection Of Avian Influenza At Turkey Farms
Tuesday, April 21, 2015 - 7:22am | 274Hormel Foods Corp (NYSE: HRL) announced Monday that highly pathogenic H5N2 avian influenza (HPAI) had been detected at its Jennie-O Turkey unit, impacting multiple turkey farms. According to the company’s press release, there has been a loss of affected flocks and temporary quarantine of...