Hormel Foods pledges $1 million to hunger-relief causes | KAALTV.com

Hormel Foods pledges $1 million to hunger-relief causes

Updated: March 18, 2020 05:42 PM
Created: March 17, 2020 09:41 PM

(ABC 6 News) --  Tuesday evening, Hormel Foods announced it is pledging $1 million in cash and product donations for hunger-relief and food insecurity as a result of the COVID-19 crisis.

Hormel Foods officials said its $1 million commitment includes monetary and product donations to be made to global, national and local hunger relief efforts. Feeding America, Convoy of Hope and Conscious Alliance, along with food and hunger organizations in its plant communities, will be among the organizations receiving immediate funding and donations.

Comment from Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods:

“First and foremost, I want to recognize our incredible team of production professionals who have risen to the challenge. With a sense of responsibility and pride, they continue to produce food for millions of people who are in the midst of this crisis.

We understand the critical role we play in providing safe and high-quality food to people around the world. We have a responsibility to ensure our products are available when needed, and we are working closely with our retail and foodservice customers to provide a steady supply of all our products, just as we have done over the last 129 years.

We have seen strong demand for our branded products across all retail categories; notably, our SPAM® family of products, SKIPPY® peanut butter products, Hormel® chili, Hormel® Compleats® microwave meals, Jennie-O® turkey products, Hormel® pepperoni, Hormel® Black Label® bacon, Hormel® Gatherings® party trays, Hormel® Natural Choice® lunchmeats, Dinty Moore® beef stew and Applegate® products.

We know the foodservice industry is facing tremendous challenges, and we are positioned to help distributors and operators through this difficult time. Our dedicated salesforce is working to deliver innovative products and solutions to meet the changing dynamics in this industry.

Our manufacturing facilities continue to operate normally. I am particularly proud of the dedicated professionals across our entire supply chain who are working tirelessly to meet the needs of our customers, consumers and operators.

We are a great neighbor in the communities where we live and work and can be counted on to do even more during a time like this. That is why we are so proud to make this $1 million pledge to help those who are food insecure during this difficult time.

Hormel Foods has a strong balance sheet and stable cash flows that position us to manage through this unprecedented situation. Our long-term perspective, balanced business model and financial discipline allow us to make the best strategic decisions for our business, team members and customers.

On behalf of our team members, I would like to thank the healthcare professionals, first responders, local, state and federal government agencies, and everyone working to keep us safe during this unprecedented crisis."

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