| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-07-26 | restructuring | in_progress | 2025 | United States | Corporate | USD 22 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program includes a voluntary early retirement program, closing open roles, involuntary role reductions, and benefit program changes; no employee counts disclosed. Estimated total charges ~$22.0 million, with ~$9.0 million expected as cash expenditures in fiscal 2026; $8.5 million recognized in the first nine months of fiscal 2026. Liability balance of $0.1 million remained at quarter end. | |||
| 2026-07-26 | restructuring | in_progress | 2025-10-27 | Global | Corporate | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Corporate restructuring plan commenced in Q4 FY2025. Includes voluntary early retirement, involuntary role reductions, and benefit changes. $8.5M recognized in first nine months of FY2026. Employee count not disclosed. | |||
| 2026-07-26 | divestiture_reduction | completed | 2026-04-24 | 2026-04-24 | United States | Retail | USD 61 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of whole-bird turkey business completed April 24, 2026. Pre-tax loss of $60.8M recognized. Employee count not disclosed. | ||
| 2026-07-26 | divestiture_reduction | completed | 2026-07-31 | 2026-07-31 | Brazil | International | USD 56 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Brazil operations (Ceratti brand) finalized July 31, 2026. Non-cash valuation loss of $56.1M recognized in Q3. Employee count not disclosed. | ||
| 2026-07-26 | divestiture_reduction | completed | 2025-12-15 | 2025-12-15 | United States | Retail | USD -22 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of 51% equity interest in Justin's, LLC completed Dec 15, 2025. Pre-tax gain of $22.0M recognized. Employee count not disclosed. | ||
| 2026-07-26 | restructuring | in_progress | USD 8,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-07-26 | restructuring | in_progress | Employee Severance [Member] | USD -28,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-07-26 | restructuring | in_progress | Employee Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-07-26 | restructuring | in_progress | Professional Fees [Member] | USD 2,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-07-26 | restructuring | in_progress | Pension Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-04-26 | restructuring | in_progress | 2025-07-01 | United States | Corporate | USD 22 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Corporate restructuring plan announced in Q4 fiscal 2025; includes voluntary early retirement, role closures, involuntary reductions, and benefit changes. Estimated total charges ~$22.0M; $8.5M recognized in first six months of fiscal 2026. No employee count disclosed. | |||
| 2026-04-26 | divestiture_reduction | completed | 2026-04-24 | 2026-04-24 | United States (Minnesota) | Retail | USD 61 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of whole-bird turkey business (Melrose facility, Swanville feed mill, transportation assets) to Willmar Poultry Innovations; pre-tax loss of $61.0M. Buyer assumed supply contracts with third-party hen growers. No employee count disclosed. | ||
| 2026-04-26 | divestiture_reduction | completed | 2025-12-15 | 2025-12-15 | United States | Retail | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 51% equity interest in Justin's, LLC to Forward Consumer Partners; deconsolidation with $23.5M pre-tax gain. No employee count disclosed. | |||
| 2026-04-26 | restructuring | in_progress | 2025-10-27 | 2026-10-25 | Global | Corporate | USD 22 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Corporate restructuring plan commenced in Q4 FY2025 to reduce administrative expenses and align workforce. Includes voluntary early retirement, involuntary role reductions, and benefit changes. Estimated total charges $22.0 million. $8.5 million recognized in first six months of FY2026. Employee count not disclosed. | ||
| 2026-04-26 | divestiture_reduction | completed | 2026-04-24 | 2026-04-24 | United States | Retail | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of whole-bird turkey business completed April 24, 2026. Includes Melrose, MN facility and Swanville, MN feed mill. Employee count not disclosed. | |||
| 2026-04-26 | divestiture_reduction | completed | 2025-12-15 | 2025-12-15 | United States | Retail | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of 51% equity interest in Justin's, LLC completed December 15, 2025. Deconsolidation occurred. Employee count not disclosed. | |||
| 2026-04-26 | restructuring | in_progress | USD 100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-04-26 | restructuring | in_progress | Employee Severance [Member] | USD 6,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-04-26 | restructuring | in_progress | Employee Benefits [Member] | USD 44,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-04-26 | restructuring | in_progress | Professional Fees [Member] | USD 5,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-04-26 | restructuring | in_progress | Pension Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-01-25 | restructuring | in_progress | United States | Corporate | USD 22 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Corporate restructuring plan includes voluntary early retirement, role closures, involuntary reductions, and benefit changes. Total plan charges estimated at $22.0M; $8.5M recognized in Q1 FY2026. Approximately $9.0M expected to be cash in FY2026. No employee headcount disclosed. | ||||
| 2026-01-25 | divestiture_reduction | completed | 2025-12-15 | 2025-12-15 | United States | Retail | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 51% controlling interest in Justin's, LLC to Forward Consumer Partners; deconsolidated. No headcount impact disclosed. | |||
| 2026-01-25 | plant_closure | announced | 2026-02-13 | 2026-04-25 | United States | International / Turkey operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: definitive agreement to sell whole-bird turkey business (Melrose, MN facility; Swanville, MN feed mill) to Life-Science Innovations. Expected to close by end of Q2 FY2026. No headcount disclosed. | |||
| 2026-01-25 | restructuring | in_progress | 2025-10-26 | 2026-10-25 | Global | Corporate | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Corporate restructuring plan commenced in Q4 FY2025 to reduce administrative expenses. Includes voluntary early retirement, involuntary role reductions, and benefit changes. Total estimated charges ~$22.0M; $8.5M recognized in Q1 FY2026. Employee count not disclosed. | ||
| 2026-01-25 | divestiture_reduction | completed | 2025-12-15 | 2025-12-15 | United States | Retail | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of 51% equity interest in Justin's, LLC to Forward Consumer Partners. Deconsolidation occurred. Headcount impact not quantified. | |||
| 2026-01-25 | restructuring | in_progress | USD 8,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-01-25 | restructuring | in_progress | Employee Severance [Member] | USD 6,721,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-01-25 | restructuring | in_progress | Employee Benefits [Member] | USD 1,342,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-01-25 | restructuring | in_progress | Professional Fees [Member] | USD 413,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-01-25 | restructuring | in_progress | Pension Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-10-26 | restructuring | in_progress | Corporate / administrative | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Commenced in Q4 fiscal 2025; includes a voluntary early retirement program, closing of open roles, involuntary role reductions, and benefit program changes. $13.3M recognized in FY2025 of an expected $20.0M-$25.0M total program charge, primarily in Q4 FY2025 and Q1 FY2026; about $8.0M-$10.0M expected as cash outlays in FY2026. Employee counts not disclosed. All FY2025 costs are unallocated corporate expense. | |||||
| 2025-10-26 | restructuring | in_progress | Enterprise — supply chain and portfolio optimization | USD 64 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year initiative begun in Q4 fiscal 2023; figure is FY2025 non-recurring costs only. Comprises asset write-offs, equipment relocation, severance, and project-based consulting. Headcount impact not quantified. | |||||
| 2025-10-26 | divestiture_reduction | completed | 2024-11-18 | 2024-11-18 | United States | Retail | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of non-core sow operation Mountain Prairie, LLC for $13.6M, with an $11.3M pre-tax loss on sale. Results were primarily reflected in the Retail segment through the divestiture date. Headcount not disclosed. | |||
| 2025-10-26 | divestiture_reduction | announced | United States | Retail | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced after fiscal year-end: definitive agreement to sell a 51 percent controlling position in the Justin's business at a preliminary enterprise value of $125M; expected to close in Q1 fiscal 2026. Headcount not disclosed. | |||||
| 2025-10-26 | restructuring | in_progress | 2025-10-26 | Global | Corporate/Administrative | USD 13 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Corporate restructuring plan commenced in Q4 FY2025 to reduce administrative expenses. Includes voluntary early retirement, closing open roles, and involuntary reductions. Total expected charges $20-25 million; $13.3 million recognized in FY2025. | |||
| 2025-10-26 | restructuring | in_progress | Minimum [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-10-26 | restructuring | in_progress | Maximum [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-10-26 | restructuring | in_progress | USD 13,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2025-10-26 | restructuring | in_progress | Professional Fees [Member] | USD 594,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-10-26 | restructuring | in_progress | Pension Benefits [Member] | USD 12,696,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-04-27 | restructuring | in_progress | 2023-10-01 | United States | Enterprise-wide | USD 17 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year T&M initiative announced in fiscal 2023; non-recurring costs include project consulting fees, severance, relocation and asset write-offs. Pre-tax impact of $16.6M in Q2 fiscal 2025 ($30.7M for six months). No employee counts disclosed in this filing. | |||
| 2025-04-27 | restructuring | in_progress | 2023-10-28 | USD 17 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Pre-tax impact of non-recurring expenses related to the Transform and Modernize (T&M) initiative in Q2 FY2025 was $16.6 million, most recorded in SG&A. Includes asset write-offs, severance, and consulting fees. | |||||
| 2025-01-26 | restructuring | in_progress | 2023-10-28 | USD 14 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Transform and Modernize (T&M) initiative expenses of $14.2M recognized in Q1 2025, comprised primarily of asset write-offs, severance, and consulting fees. | |||||
| 2025-01-26 | divestiture_reduction | completed | 2024-11-18 | 2024-11-18 | Retail | USD 11 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sale of non-core sow operation Mountain Prairie, LLC resulted in a pre-tax loss of $11.3M including transaction costs. | |||
| 2024-10-27 | divestiture_reduction | completed | 2024-10-18 | United States | Foodservice | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Hormel Health Labs completed October 18, 2024 for $25.0 million with a $3.9 million pre-tax gain; no headcount associated with the divestiture was disclosed. | ||||
| 2024-07-28 | other | completed | 250 | United States | Manufacturing | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Contracts expired and new union agreements were ratified at both locations during fiscal 2024; no specific dates or employee counts beyond the approximate 250 disclosed. | ||||
| 2024-04-28 | other | completed | United States | Manufacturing | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | A new union agreement was ratified by one of the Company's manufacturing facilities during the second quarter of fiscal 2024; exact ratification date and employee count for that facility are not disclosed. | |||||
| 2024-04-28 | other | announced | 250 | 2024-10-28 | United States | Manufacturing | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contracts at two manufacturing facilities covering approximately 250 employees expire during fiscal 2024; one of the two was ratified in the second quarter (see separate record). Employee count is the combined coverage of both contracts, not a reduction. | |||
| 2024-04-28 | other | completed | 250 | United States | Manufacturing | Part II, Item 1A. Risk Factors f5-10q / Qwen3.6-27B-Q8_0 | Union contract covering approximately 250 employees at one manufacturing facility was ratified in the second quarter. | ||||
| 2023-07-30 | other | in_progress | 2,400 | United States | Manufacturing | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining negotiations ongoing at four manufacturing facilities covering approximately 2,400 employees; union contracts expire during fiscal 2023. No announcement date or completion date disclosed. | ||||
| 2022-07-31 | other | in_progress | 50 | Fresno, California, United States | Corn Nuts brand manufacturing facility | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strike called by the Bakery, Confectionery, Tobacco Workers and Grain Millers' International Union subsequent to Q3 end, covering roughly 50 workers hired via the Corn Nuts acquisition; first-contract talks ongoing since acquisition. Facility operating at reduced capacity; no exact announcement date disclosed. | ||||
| 2022-07-31 | other | in_progress | 50 | Fresno, California | Manufacturing | Part II, Item 1A. Risk Factors f5-10q / Qwen3.6-27B-Q8_0 | Union called a strike resulting in a work stoppage at the Fresno facility post-Q3. Facility operating at reduced capacity. | ||||
| 2022-01-30 | other | in_progress | 700 | 2022-03-18 | United States — Rochelle, Illinois | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining event: union contract covering approximately 700 employees at the Rochelle, Illinois facility expires March 18, 2022; negotiations described as ongoing. No separation or charge disclosed. | ||||
| 2021-10-31 | acquisition_addition | completed | 2021-06-07 | 2021-06-07 | United States | Grocery Products; Refrigerated Foods; International & Other | USD 3,396 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Planters snack nuts business acquired from The Kraft Heinz Company for $3.4 billion cash, including three production facilities; acquired headcount not disclosed. Purchase price shown is the $3,396,246 thousand allocation total, not a workforce charge. | ||
| 2021-07-25 | acquisition_addition | completed | 2021-06-07 | United States | Grocery Products | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the Planters snack nuts business from The Kraft Heinz Company closed June 7, 2021 for a preliminary purchase price of $3.4 billion; headcount added through the transaction was not disclosed. | ||||
| 2021-04-25 | acquisition_addition | announced | 2021-02-10 | 2021-06-30 | United States | Grocery Products | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire the Planters snack nuts business from Kraft Heinz for $3.35 billion; expected to close June 2021. No headcount associated with the transaction is disclosed in the filing. | |||
| 2021-01-24 | acquisition_addition | announced | 2021-02-10 | 2021-06-30 | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price $3.35 billion (expected tax benefit ~$560 million); expected to close calendar Q2 2021 subject to regulatory approval. No headcount associated with the acquisition is disclosed. Completion date approximated from stated 'calendar Q2 2021'. | |||||
| 2020-10-25 | acquisition_addition | completed | 2020-03-02 | 2020-03-02 | United States (Henderson, Texas) | Refrigerated Foods | USD 271 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price of $270.8 million for Sadler's Smokehouse; headcount added not disclosed. | ||
| 2020-07-26 | acquisition_addition | completed | 2020-03-02 | United States (Henderson, Texas) | Refrigerated Foods | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Final purchase price $270.8 million, funded with cash on hand; no headcount added disclosed. Operating results included in Refrigerated Foods from date of acquisition. | ||||
| 2020-04-26 | acquisition_addition | completed | 2020-03-02 | United States (Henderson, Texas) | Refrigerated Foods | USD 269 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Sadler's Smokehouse assets for a preliminary purchase price of $268.9 million, funded with cash on hand. No employee headcount added was disclosed; purchase price allocation pending third-party valuation. | |||
| 2020-01-26 | acquisition_addition | completed | 2020-03-02 | United States | Refrigerated Foods | USD 270 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement announced after quarter-end; transaction closed 2020-03-02. Headcount added through the acquisition was not disclosed. Segment attribution inferred from business description; not stated in filing. | |||
| 2019-10-27 | plant_closure | completed | 2018-12-03 | Fremont, Nebraska, United States | Refrigerated Foods — processing facility | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the Fremont, Nebraska processing facility to Wholestone Farms, LLC for a final purchase price of $30.6 million, completed December 3, 2018 (fiscal 2019). No employee count or severance charge disclosed. | ||||
| 2019-10-27 | divestiture_reduction | completed | 2019-04-15 | United States | Grocery Products and International & Other (CytoSport, Inc. — Muscle Milk and Evolve brands) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of CytoSport, Inc. to PepsiCo, Inc. for final proceeds of $479.8 million, completed April 15, 2019. No employee count or workforce-related charge disclosed; results included through date of divestiture. | ||||
| 2019-07-28 | divestiture_reduction | completed | 2019-04-15 | 2019-04-15 | United States | Grocery Products; International & Other | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of CytoSport, Inc. (Muscle Milk and Evolve brands) to PepsiCo completed 2019-04-15; no employee count disclosed. Date shown is completion date; announcement date not disclosed. | |||
| 2019-07-28 | other | in_progress | 2,300 | United States (Algona, IA; Atlanta, GA; Austin, MN; Beloit, WI) | Operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining negotiations underway covering approximately 2,300 employees; contracts expire during Q4 fiscal 2019. No announcement date or outcome disclosed. | ||||
| 2019-04-28 | divestiture_reduction | completed | 2019-04-15 | 2019-04-15 | United States | Grocery Products; International & Other | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of CytoSport, Inc. (Muscle Milk, Evolve brands) to PepsiCo for $473.9 million cash; no employee count disclosed. CytoSport results included in segments through divestiture date. | |||
| 2019-04-28 | other | announced | 2,300 | United States | Algona, Iowa; Atlanta, Georgia; Austin, Minnesota; Beloit, Wisconsin facilities | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreements covering approximately 2,300 employees expire during fiscal 2019; negotiations had not yet been initiated as of filing. Not a separation event. | ||||
| 2019-04-28 | plant_closure | completed | United States | Fremont facility | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the Fremont facility in first quarter of fiscal 2019 triggered pension curtailment gains/losses; no headcount or closure details disclosed in this filing. | |||||
| 2019-01-27 | other | announced | 2,300 | United States — Algona, IA; Atlanta, GA; Austin, MN; Beloit, WI | Manufacturing facilities covered by union contracts | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contracts at four facilities expire during fiscal 2019, covering about 2,300 employees; negotiations had not been initiated as of the filing. Expiration date not specified beyond fiscal 2019. | ||||
| 2019-01-27 | plant_closure | completed | United States — Fremont | Not specified | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the Fremont facility drove pension curtailment gains/losses in Q1 FY2019; no headcount or charge tied to the workforce disclosed. | |||||
| 2019-01-27 | divestiture_reduction | announced | Not specified | CytoSport business (Grocery Products) | USD 465 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell CytoSport to PepsiCo for $465 million announced after quarter end; expected to close in Q2 FY2019. Charge value is the transaction price, not a severance charge; no headcount disclosed. | ||||
| 2018-10-28 | acquisition_addition | completed | 2017-11-27 | 2017-11-27 | United States | Refrigerated Foods | USD 857 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price of $857.4 million for premium deli meat and salami business; acquired headcount not disclosed. Goodwill of $610.6 million and intangibles of $223.7 million allocated to Refrigerated Foods. | ||
| 2018-10-28 | plant_closure | completed | 2018-08-16 | 2018-12-03 | Fremont, Nebraska, United States | Refrigerated Foods | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the Fremont, Nebraska processing facility to WholeStone Farms, LLC announced August 16, 2018 and completed December 3, 2018 (subsequent to fiscal year-end, before filing). Includes a multiyear pork raw-material supply agreement. Affected headcount not disclosed; MD&A notes fiscal 2019 expenses associated with the divestiture. | |||
| 2018-07-29 | divestiture_reduction | announced | 2018-07-29 | 2018-12-31 | United States (Fremont, Nebraska) | Refrigerated Foods | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced after quarter end; $30 million sale expected to close December 2018 with a multi-year pork supply agreement. No employee count or workforce impact disclosed. | |||
| 2018-04-29 | acquisition_addition | completed | 2017-11-27 | United States | Refrigerated Foods | USD 857 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price, not a workforce charge. No headcount added disclosed; purchase price allocation remains preliminary. | |||
| 2018-04-29 | acquisition_addition | completed | 2017-08-16 | United States | Refrigerated Foods | USD 428 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price, not a workforce charge. Closed in fiscal 2017 but presented in this filing's acquisition note; no headcount added disclosed. | |||
| 2018-04-29 | acquisition_addition | completed | 2017-08-22 | Brazil | International & Other | USD 103 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price, not a workforce charge. Closed in fiscal 2017 but presented in this filing's acquisition note; no headcount added disclosed. | |||
| 2018-04-29 | other | completed | 625 | United States — Rochelle, Illinois | Rochelle, Illinois facility | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreement successfully negotiated during the second quarter of fiscal 2018; specific announcement date not disclosed. Count is approximate per filer. | ||||
| 2018-01-28 | other | in_progress | 625 | 2018-02-25 | Rochelle, Illinois, United States | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contract covering approximately 625 employees expired 2018-02-25 (after quarter end); negotiations ongoing under an indefinite extension agreement. No separation or charge disclosed. | ||||
| 2017-10-29 | divestiture_reduction | completed | 2016-11-01 | 2017-01-03 | United States (California, Arizona, Wyoming) | Refrigerated Foods | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Clougherty Packing, LLC (Farmer John and Saag's Specialty Meats) plus PFFJ farm operations closed 2017-01-03 for $145.0 million cash; headcount not disclosed. | |||
| 2017-10-29 | acquisition_addition | completed | 2017-08-16 | 2017-08-16 | United States | Refrigerated Foods | USD 428 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Fontanini Italian Meats and Sausages for preliminary purchase price of $427.9 million; acquired headcount not disclosed. | ||
| 2017-10-29 | acquisition_addition | completed | 2017-08-22 | 2017-08-22 | Brazil | International & Other | USD 104 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Cidade do Sol (Ceratti) for preliminary purchase price of approximately $103.5 million; acquired headcount not disclosed. | ||
| 2017-10-29 | acquisition_addition | completed | 2017-11-27 | 2017-11-27 | United States | Refrigerated Foods | USD 850 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Columbus Manufacturing, Inc. acquisition closed 2017-11-27, after fiscal year-end and before filing; funded with cash plus $375.0 million term loan and $375.0 million revolver borrowings; acquired headcount not disclosed. | ||
| 2017-07-30 | divestiture_reduction | completed | 2016-11 | 2017-01-03 | California, Arizona, and Wyoming | Refrigerated Foods | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Clougherty Packing (Farmer John) and related farm operations, closed January 3, 2017 for $145 million cash; occurred within the nine-month YTD period. No employee count disclosed. | |||
| 2017-07-30 | acquisition_addition | completed | 2017-08-16 | 2017-08-16 | United States | Refrigerated Foods | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event acquisition of Fontanini Italian Meats and Sausages for $425.0 million, funded with cash on hand and short-term financing. No headcount added disclosed. | |||
| 2017-07-30 | acquisition_addition | completed | 2017-08-22 | 2017-08-22 | Brazil | International & Other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event acquisition of Cidade do Sol (Ceratti) for preliminary purchase price of approximately $104.0 million, funded with cash on hand. No headcount added disclosed. | |||
| 2017-04-30 | divestiture_reduction | completed | 2016-11-01 | 2017-01-03 | United States (California, Arizona, Wyoming) | Refrigerated Foods | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Clougherty Packing (Farmer John) and PFFJ farm operations for $145 million cash; agreement entered November 2016, closed January 3, 2017. No employee count disclosed; filing states the assets held for sale were not material to annual net sales, net earnings, or EPS. Announcement month only is given in the filing. | |||
| 2017-04-30 | other | completed | 150 | United States (Eldridge, Iowa; Lathrop, California) | Manufacturing facilities | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining: contracts covering a combined total of approximately 150 employees were successfully negotiated during the second quarter of fiscal 2017. Disclosed in Part II, Item 1A Risk Factors; no specific announcement date given. | ||||
| 2017-01-29 | divestiture_reduction | completed | 2016-11-01 | 2017-01-03 | United States (California, Arizona, Wyoming) | Refrigerated Foods | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Number of employees removed through the divestiture not disclosed; announcement date approximated to November 2016 when the sale agreement was entered | |||
| 2017-01-29 | other | announced | 150 | United States (Eldridge, Iowa; Lathrop, California) | Operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreements covering a combined approximately 150 employees expire in fiscal 2017; negotiations had not yet been initiated as of the filing. No announcement date stated | ||||
| 2016-10-30 | acquisition_addition | completed | 2016-05-26 | 2016-05-26 | United States (Boulder, Colorado) | Grocery Products | USD 281 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price of $280.9 million (preliminary); headcount added not disclosed. Charge value is purchase price, not a severance charge. | ||
| 2016-10-30 | divestiture_reduction | completed | 2016-05-09 | 2016-05-09 | United States | Specialty Foods | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of DCB closed May 9, 2016 for preliminary proceeds of $110.1 million net of selling costs; associated headcount not disclosed. | |||
| 2016-10-30 | plant_closure | announced | 2016-11-01 | United States (California, Arizona, Wyoming) | Refrigerated Foods | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Clougherty Packing (Farmer John, Saag's) and PFFJ farm operations entered in November 2016, after fiscal year-end; exact announcement date not stated. Assets held for sale totaled $182.7 million; headcount not disclosed. | ||||
| 2016-07-24 | acquisition_addition | completed | 2016-05-26 | Grocery Products | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired May 26, 2016 for preliminary purchase price of $281.7 million; headcount added not disclosed. Operating results included from date of acquisition. | |||||
| 2016-07-24 | divestiture_reduction | completed | 2016-05-09 | Specialty Foods | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Diamond Crystal Brands closed May 9, 2016, proceeds of $110.1 million net of selling costs; headcount removed not disclosed. DCB had approximately $260 million of net sales in fiscal 2015. | |||||
| 2016-04-24 | other | in_progress | 1,100 | Vernon, California | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contracts at the Vernon, California facility expire during fiscal 2016, covering approximately 1,100 employees; negotiations had commenced as of the filing. No announcement date or completion date disclosed. | |||||
| 2016-04-24 | divestiture_reduction | completed | 2016-04 | Specialty Foods | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of a portion of Diamond Crystal Brands; agreement entered in April 2016 and completed after quarter end. A $1.0 million goodwill impairment was recorded. No headcount impact disclosed; the held-for-sale business is described as not material to annual net sales, net earnings, or EPS. | ||||
| 2016-04-24 | acquisition_addition | completed | 2016-05-02 | 2016-05-26 | Grocery Products | USD 286 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Justin's, LLC announced May 2, 2016 for a preliminary purchase price of $286.0 million; acquisition closed May 26, 2016, funded with cash on hand and short-term financing. No headcount added disclosed. | |||
| 2016-01-24 | other | announced | 1,100 | United States — Vernon, California | Manufacturing facility workforce | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreements at the Vernon, CA facility covering approximately 1,100 employees expire during fiscal 2016; negotiations had not yet been initiated as of the filing. Labor-relations event, not a headcount reduction. | ||||
| 2015-10-25 | plant_closure | completed | Stockton, California | Grocery Products | USD 11 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure occurred during fiscal 2015; charges reported in cost of products sold and reflected in Grocery Products segment profit. Employees affected not disclosed. No separate restructuring footnote exists in this filing. | ||||
| 2015-10-25 | acquisition_addition | completed | 2015-07-13 | 2015-07-13 | United States (Bridgewater, New Jersey) | Refrigerated Foods | USD 774 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price, not a workforce charge. Headcount added through the acquisition is not disclosed; Applegate contributed $92.8 million of net sales from the acquisition date. | ||
| 2015-10-25 | restructuring | completed | International | International & Other | USD 10 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charges taken in the first quarter of fiscal 2015 per the non-GAAP reconciliation. Employees affected not disclosed. | ||||
| 2015-10-25 | divestiture_reduction | in_progress | United States | Specialty Foods (Diamond Crystal Brands) | USD 22 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | A portion of DCB classified as held for sale during fiscal 2015; goodwill impairment of $21.5 million recorded in the fourth quarter. Sale not completed as of the filing date; employees affected not disclosed. | ||||
| 2015-10-25 | other | announced | 1,200 | Knoxville, Iowa; Vernon, California | Operations | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreements covering a combined approximately 1,200 employees expire in fiscal 2016; negotiations had not been initiated as of the filing date. Not a separation event. | ||||
| 2015-10-25 | plant_closure | completed | Stockton, California | Grocery Products | USD 11 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges totaling $10.5 million related to the closure of the Stockton, California manufacturing facility. | ||||
| 2015-10-25 | acquisition_addition | completed | 2015-07-13 | Bridgewater, New Jersey | Refrigerated Foods | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired Applegate Farms, LLC for a preliminary purchase price of $774.1 million. | ||||
| 2015-07-26 | acquisition_addition | completed | 2015-07-13 | United States | Refrigerated Foods | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired July 13, 2015 for $771.8 million cash; headcount added not disclosed. $8.6 million transaction costs recorded in SG&A; contributed $12.4 million net sales in the quarter | ||||
| 2015-07-26 | plant_closure | completed | Stockton, California, United States | Grocery Products | USD 11 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge of $10.5 million recognized in first quarter of fiscal 2015; employees affected not disclosed; announcement date not disclosed in this filing | ||||
| 2015-07-26 | plant_closure | completed | Benicia, California, United States | Specialty Foods (CytoSport) | USD 5 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recognized in second quarter of fiscal 2015; employees affected not disclosed; announcement date not disclosed in this filing | ||||
| 2015-07-26 | divestiture_reduction | completed | International | International & Other | USD 10 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge of $9.5 million recognized in first quarter of fiscal 2015; employees affected not disclosed | ||||
| 2015-07-26 | other | in_progress | 3,400 | United States (Algona IA; Atlanta GA; Austin MN; Beloit WI; Fremont NE) | Multiple facilities | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Count of approximately 3,400 employees covered by expiring union contracts with ongoing negotiations, not separations; a Vernon, California contract expired July 2015 and was renegotiated during the quarter | ||||
| 2015-04-26 | plant_closure | completed | 2014-10-27 | Stockton, California | Grocery Products | USD 11 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nonrecurring charges of $10.5 million related to closure of the Stockton, CA facility recognized in the first quarter of fiscal 2015; no employee count disclosed. | |||
| 2015-04-26 | plant_closure | completed | 2015-01-26 | Benicia, California | Specialty Foods (CytoSport) | USD 5 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge of $4.5 million for closure of the CytoSport production facility in Benicia, CA reflected in second quarter and first six months cost of products sold; no employee count disclosed. | |||
| 2015-04-26 | restructuring | completed | 2014-10-27 | International | International & Other | USD 10 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charges of $9.5 million for exit from international joint venture businesses in the first quarter of fiscal 2015; no employee count disclosed. | |||
| 2015-04-26 | acquisition_addition | completed | 2014-08-11 | 2014-08-11 | United States | Specialty Foods / International & Other | USD 424 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired CytoSport Holdings for $424.3 million cash; contributed $87.2 million net sales in the second quarter. No headcount added disclosed. | ||
| 2015-04-26 | acquisition_addition | announced | 2015-05-26 | 2015-07-25 | United States | Refrigerated Foods | USD 775 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Applegate Farms for $775 million cash, announced May 26, 2015; expected to close within 60 days subject to regulatory approvals. No headcount disclosed. | ||
| 2015-04-26 | other | in_progress | 3,300 | 2015-04-26 | United States (Algona IA; Atlanta GA; Austin MN; Beloit WI; Fremont NE) | Multiple facilities | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreements covering approximately 3,300 employees expire during fiscal 2015; negotiations not yet initiated as of quarter end. A separate Vernon, CA contract expired April 2015 and was renegotiated during the second quarter. | |||
| 2015-01-25 | plant_closure | in_progress | Stockton, California | Grocery Products | USD 11 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nonrecurring charges of $10.5M recognized in Q1 FY2015; no employee count or completion date disclosed | ||||
| 2015-01-25 | restructuring | in_progress | International | International & Other | USD 10 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charges of $9.5M in Q1 FY2015; no employee count or completion date disclosed | ||||
| 2015-01-25 | acquisition_addition | completed | 2014-08-11 | United States | Specialty Foods | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired for $424.3M cash; headcount added not disclosed in filing | ||||
| 2015-01-25 | other | announced | 3,400 | United States | Multiple facilities (Algona IA, Atlanta GA, Austin MN, Beloit WI, Fremont NE, Vernon CA) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 3,400 employees covered; negotiations not yet initiated as of quarter end | ||||
| 2015-01-25 | plant_closure | completed | Stockton, California | Grocery Products | USD 11 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Nonrecurring charges of $10.5 million related to the closure of the Stockton, California manufacturing facility. Employee count not disclosed. | ||||
| 2015-01-25 | restructuring | completed | International | International & Other | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Nonrecurring charges of $9.5 million related to the exit from international joint venture businesses. Employee count not disclosed. | ||||
| 2014-10-26 | acquisition_addition | completed | 2014-08-11 | 2014-08-11 | United States | Specialty Foods | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of CytoSport Holdings, Inc. (Muscle Milk) for $424.3 million cash plus up to $20.0 million contingent payment; headcount added not disclosed. Approximately $4.8 million of transaction costs recognized in FY2014. | |||
| 2014-10-26 | acquisition_addition | completed | 2013-11-26 | 2013-11-26 | China | International & Other | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the China-based SKIPPY peanut butter business from Unilever for $41.9 million cash, including the Weifang manufacturing facility; headcount added not disclosed. | |||
| 2014-10-26 | plant_closure | announced | 2015-04-26 | Stockton, California, United States | Grocery Products | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of the Grocery Products plant in Stockton announced; production to move to more modern Company facilities in the second quarter of fiscal 2015. Announcement date, affected headcount, and charge not disclosed. | ||||
| 2014-10-26 | divestiture_reduction | completed | 2014-10-26 | United States | Refrigerated Foods | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Precept Foods, LLC (50.01% owned joint venture) was dissolved at the end of fiscal 2014; associated headcount impact not disclosed. | ||||
| 2014-07-27 | acquisition_addition | completed | 2014-06-30 | 2014-08-11 | United States (Benicia, California) | Specialty Foods | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement dated June 30, 2014; CytoSport Holdings (Muscle Milk) acquired August 11, 2014 for preliminary $424.3 million cash, plus up to $20.0 million contingent payment. Headcount added not disclosed. Results to be reflected in the Specialty Foods segment beginning fiscal Q4 2014. | |||
| 2014-07-27 | other | announced | 102 | San Leandro, California | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contract covering 102 employees at the San Leandro facility expires during fiscal 2014; negotiations had not yet been initiated as of the filing. No expiration date or workforce action quantified beyond covered employees. | |||||
| 2014-04-27 | other | announced | 102 | San Leandro, California, United States | San Leandro facility | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contract at San Leandro facility covers 102 employees and expires during fiscal 2014; negotiations not yet initiated as of filing. | ||||
| 2014-01-26 | acquisition_addition | completed | 2013-11-26 | China | Grocery Products / International & Other | USD 41 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the China-based SKIPPY peanut butter business from Unilever for $41.4 million cash, including the Weifang manufacturing facility; no headcount added disclosed; purchase price preliminary pending final working capital and tax valuations | |||
| 2013-10-27 | acquisition_addition | completed | 2013-01-31 | 2013-01-31 | United States | Grocery Products; International & Other | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired the U.S.-based SKIPPY peanut butter business from Unilever for $665.4 million cash, including the Little Rock, Arkansas facility; headcount added not disclosed. Approximately $7.7 million of transaction costs recorded in SG&A. | |||
| 2013-10-27 | acquisition_addition | completed | 2013-11-26 | 2013-11-26 | China | International & Other | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed acquisition of the China-based SKIPPY peanut butter business for $41.4 million cash, including the Weifang, China facility; occurred after fiscal year-end 2013 and before filing date. Headcount added not disclosed. | |||
| 2013-10-27 | other | announced | 635 | 2014-10-26 | United States (Rochelle, Illinois; San Leandro, California) | Refrigerated Foods | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Union contracts at two facilities expire during fiscal 2014, covering approximately 635 employees combined; negotiations not yet initiated as of filing. Not a workforce reduction action. | |||
| 2013-07-28 | acquisition_addition | completed | 2013-01-31 | United States | Grocery Products; International & Other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the U.S.-based SKIPPY peanut butter business (including Little Rock, Arkansas facility) for $665.4 million cash; headcount added not disclosed. Related China business expected to close by end of fiscal 2013 for ~$42.0 million | ||||
| 2013-04-28 | acquisition_addition | completed | 2013-01-31 | United States | Grocery Products; International & Other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired U.S. SKIPPY peanut butter business from Unilever for $663.1M cash; headcount added not disclosed. $7.5M transaction costs recorded in SG&A through the second quarter | ||||
| 2013-04-28 | acquisition_addition | announced | 2013-01-31 | 2013-10-27 | China | International & Other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | China-based SKIPPY business expected to close by end of fiscal 2013 for approximately $42.0M, subject to regulatory approvals and working capital adjustments; headcount not disclosed | |||
| 2013-04-28 | other | in_progress | 85 | United States — Lathrop, California | Operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contract covering approximately 85 employees expires during fiscal 2013; negotiations ongoing. No separation or workforce reduction announced | ||||
| 2013-01-27 | acquisition_addition | completed | 2013-01-02 | 2013-01-31 | United States | Grocery Products; All Other | USD 663 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the U.S. Skippy peanut butter business from Conopco/Unilever for a preliminary $663.1 million cash purchase price, closed January 31, 2013 (after quarter end). Includes the Little Rock, Arkansas facility. Headcount added not disclosed; purchase price shown as transaction consideration, not a workforce charge. China business expected to close by end of fiscal 2013 for approximately $42.0 million additional investment. | ||
| 2013-01-27 | other | announced | 150 | United States (Eldridge, Iowa; Lathrop, California) | Operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining contracts at the Eldridge, Iowa and Lathrop, California facilities expire during fiscal 2013, covering a combined approximately 150 employees; negotiations had not yet been initiated as of the filing. Not a separation event; captured as a material labor event. | ||||
| 2012-07-29 | other | in_progress | 100 | Stockton, California | Union facility | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contract at Stockton facility expires during fiscal 2012, covering approximately 100 employees; negotiations currently taking place | ||||
| 2012-07-29 | other | in_progress | 115 | United States | Clougherty Packing (Farmer John) foodservice facility | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company currently negotiating a new contract covering approximately 115 people at the Clougherty Packing (Farmer John) foodservice facility | ||||
| 2012-04-29 | other | in_progress | 100 | Stockton, California | Manufacturing facility | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contract at Stockton facility expires during fiscal 2012, covering approximately 100 employees; negotiations not yet initiated | ||||
| 2012-04-29 | other | in_progress | 115 | United States | Clougherty Packing (Farmer John) foodservice | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company currently negotiating a new union contract at the facility, covering approximately 115 people | ||||
| 2012-01-29 | other | announced | 100 | United States — Stockton, California | Manufacturing facility | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contract covering approximately 100 employees at the Stockton, CA facility expires during fiscal 2012; negotiations had not yet been initiated as of the filing. Collective-bargaining event, no separation or charge disclosed. | ||||
| 2011-10-30 | acquisition_addition | completed | 2011-08-22 | 2011-08-22 | United States | Grocery Products (MegaMex Foods, LLC joint venture) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | MegaMex, the Company's 50 percent owned Mexican foods joint venture, acquired Fresherized Foods (Wholly Guacamole, Wholly Salsa, Wholly Queso) on August 22, 2011; the Company invested an additional $61.0 million into MegaMex in Q4 fiscal 2011 to facilitate the acquisition. No headcount added disclosed; as a 50 percent equity-method investment, acquired headcount is not consolidated into Company employees. | |||
| 2011-10-30 | plant_closure | completed | 2010-04-01 | Turlock, California | Grocery Products | USD 10 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closing of Valley Fresh plant incurred a pretax charge of $9.7 million in fiscal 2010. Employee-related costs were part of this charge. No specific headcount reduction disclosed for this action in the current filing. | |||
| 2011-07-31 | other | in_progress | 3,300 | 2011-10-31 | United States (Algona, IA; Atlanta, GA; Austin, MN; Beloit, WI; Fremont, NE; San Leandro, CA) | Multiple facilities | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreements at six facilities covering about 3,300 employees expire in fiscal Q4 2011; negotiations began in fiscal Q3 2011. No separation or charge disclosed. | |||
| 2011-07-31 | acquisition_addition | announced | 2011-08-22 | 2011-08-22 | United States | Grocery Products (MegaMex Foods joint venture) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | MegaMex completed the acquisition of Fresherized Foods on 2011-08-22; no headcount added disclosed in the filing. | |||
| 2011-05-01 | other | announced | 3,300 | United States (Algona IA; Atlanta GA; Austin MN; Beloit WI; Fremont NE; San Leandro CA) | Union-represented facilities | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreements covering a combined total of approximately 3,300 employees at six facilities expire during fiscal 2011; negotiations expected to begin in the third quarter of fiscal 2011. No announcement date or completion date disclosed. | ||||
| 2011-01-30 | other | announced | 3,300 | United States — Algona, IA; Atlanta, GA; Austin, MN; Beloit, WI; Fremont, NE; San Leandro, CA | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective-bargaining event, not a headcount reduction. Six facility contracts covering a combined ~3,300 employees expire during fiscal 2011; negotiations had not yet been initiated as of the filing. No announcement date, completion date, or charge disclosed. | |||||
| 2010-10-31 | plant_closure | completed | Turlock, California, United States | Grocery Products (Valley Fresh canned meats) | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to close the Valley Fresh plant made during the second quarter of fiscal 2010; exact announcement date not disclosed. Pretax charge of $9.7M, including a $6.6M write-down of property, plant and equipment to fair value plus employee-related costs; $6.3M after tax ($0.05 per diluted share). Headcount affected not disclosed | ||||
| 2010-10-31 | acquisition_addition | completed | 2010-02-01 | United States | Refrigerated Foods | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the Country Crock chilled side dish business from Unilever United States Inc., completed February 1, 2010. Purchase price and headcount added not disclosed | ||||
| 2010-10-31 | acquisition_addition | completed | United States | Grocery Products (MegaMex Foods, LLC joint venture) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | MegaMex Foods, LLC (50 percent owned JV) acquired Don Miguel Foods Corp. during the fourth quarter of fiscal 2010; exact date and headcount not disclosed. MegaMex JV itself was formed October 26, 2009 | |||||
| 2010-10-31 | plant_closure | completed | 2010-04-01 | Turlock, California | Grocery Products | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closure of Valley Fresh plant. Charge of $6.3 million (after-tax) related to plant closure and employee-related costs incurred in Q2 FY2010. Specific headcount not disclosed. | |||
| 2010-07-25 | plant_closure | in_progress | 2010-01-31 | 2010-10-31 | Turlock, California, United States | Grocery Products — Valley Fresh canned meats plant | USD 10 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to close the Valley Fresh plant was made in the second quarter of fiscal 2010; charge comprises a fixed asset write-down and employee-related costs, reducing pre-tax earnings by $9.7M and net earnings by $6.3M ($0.05 per diluted share). Number of employees affected not disclosed. Related action: the defined benefit pension plan for employees at that facility was terminated beginning in the second quarter, generating fiscal 2010 settlement and curtailment charges of $1.3M and $0.06M respectively for the nine months. | ||
| 2010-07-25 | acquisition_addition | completed | 2010-02-01 | 2010-02-01 | United States | Refrigerated Foods | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the Country Crock chilled side dish business from Unilever United States Inc., effective February 1, 2010. Headcount added through the transaction not disclosed; pro forma results omitted as immaterial. | |||
| 2010-07-25 | plant_closure | in_progress | 2010-04-26 | 2010-10-31 | Turlock, California | Grocery Products | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Valley Fresh plant closure; charge includes fixed asset write-down and employee related costs. Pension plan termination also commenced. | ||
| 2010-04-25 | plant_closure | in_progress | 2010-10-31 | Turlock, California, United States | Grocery Products — Valley Fresh canned meats | USD 10 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision made during the second quarter to close the Valley Fresh plant by end of fiscal 2010. Charge comprises a $6.6M pretax property write-down plus employee-related costs; $6.3M after-tax impact ($0.05 per diluted share). Number of employees affected not disclosed. Company also commenced termination of the defined benefit pension plan for employees at that facility (settlement and curtailment charges in Note J). Announcement date not specified beyond 'during the second quarter'. | |||
| 2010-04-25 | acquisition_addition | completed | 2010-02-01 | United States | Refrigerated Foods | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the Country Crock chilled side dish business from Unilever United States Inc., effective February 1, 2010. Headcount added not disclosed; pro forma results omitted as immaterial. | ||||
| 2010-04-25 | plant_closure | in_progress | 2010-04-25 | 2010-10-31 | Turlock, California | Grocery Products | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company decided to close Valley Fresh plant by end of fiscal 2010. Charge includes fixed asset write-down and employee related costs. Specific headcount not disclosed. | ||
| 2010-04-25 | restructuring | completed | 2010-04-25 | 2010-04-25 | Turlock, California | Grocery Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Termination of defined benefit pension plan for employees at Turlock facility. Includes $1.267M settlement charge and $0.055M curtailment charge. | ||
| 2010-01-24 | other | in_progress | 590 | Rochelle, Illinois, United States | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining contract expired 2010-02-28 (after quarter end) covering approximately 590 employees; negotiations underway as of filing | |||||
| 2010-01-24 | other | announced | 1,740 | Vernon, California, United States | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Contract covering approximately 1,740 employees scheduled to expire during fiscal 2010; negotiations underway as of filing | |||||
| 2010-01-24 | acquisition_addition | completed | 2010-02-01 | United States | Refrigerated Foods | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the Country Crock chilled side dish line from Unilever completed 2010-02-01, subsequent to quarter end; no headcount disclosed and pro forma results omitted as immaterial | ||||
| 2009-04-26 | other | announced | 100 | 2009-08-31 | United States — Stockton, California | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part II, Item 1A: a union contract at the Stockton, CA facility covering approximately 100 employees expires in August of fiscal 2009; negotiations had not yet been initiated as of the filing. Announcement date not disclosed. | ||||
| 2009-01-25 | other | announced | 300 | United States (Eldridge, Iowa; Lathrop, California; Stockton, California) | Union-represented facilities | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreements at three facilities covering a combined ~300 employees expire during the remainder of fiscal 2009; negotiations had not yet been initiated as of the filing | ||||
| 2008-10-26 | acquisition_addition | completed | 2008-06-13 | 2008-06-13 | United States (Duluth, Georgia) | Specialty Foods | USD 23 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price of $23.3 million cash including related costs; acquired headcount not disclosed; adds liquid portion product capacity for Diamond Crystal Brands | ||
| 2008-07-27 | acquisition_addition | completed | 2008-06-13 | United States | Specialty Foods | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Boca Grande Foods, Inc. (Duluth, Georgia) for a preliminary purchase price of $23,255 thousand cash including related costs; headcount added through the acquisition not disclosed. | ||||
| 2008-01-27 | other | completed | 260 | United States — Knoxville, Iowa and Perrysburg, Ohio | Manufacturing plants | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contracts at two plants expired during Q1 fiscal 2008, covering a combined total of approximately 260 employees; new contracts were successfully negotiated at both locations and no further contracts expire in fiscal 2008. Count is approximate and combined across both sites as presented by the filer. | ||||
| 2008-01-27 | acquisition_addition | completed | 2007-08-22 | United States — Nevada, Iowa and Ames, Iowa | Refrigerated Foods | USD 112 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Burke Corporation acquired August 22, 2007 for a preliminary purchase price of $112,321 thousand cash including related costs; acquisition closed before the quarter and no headcount added was disclosed. Charge shown is the purchase price, not a workforce charge. | |||
| 2007-10-28 | acquisition_addition | completed | 2006-11-10 | 2006-11-10 | United States (San Leandro, California) | Refrigerated Foods | USD 13 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of assets of Saag's Products, Inc. for $13.0 million cash; headcount added not disclosed; purchase price preliminary pending earn-outs | ||
| 2007-10-28 | acquisition_addition | completed | 2006-12-15 | 2006-12-15 | United States (Chino and Lathrop, California) | Refrigerated Foods | USD 12 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Stock-and-cash acquisition of Provena Foods Inc.; 287,473 Hormel shares issued; headcount added not disclosed | ||
| 2007-10-28 | acquisition_addition | completed | 2007-08-22 | 2007-08-22 | United States (Nevada and Ames, Iowa) | Refrigerated Foods | USD 112 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cash acquisition of Burke Corporation; headcount added not disclosed; purchase price preliminary pending final appraisals | ||
| 2007-07-29 | other | in_progress | 3,100 | 2007-09-09 | United States (Algona, IA; Austin, MN; Beloit, WI; Fremont, NE; Tucker, GA) | Union-represented plant workforce | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining negotiations underway at five plants covering approximately 3,100 employees; contracts expire 2007-09-09 and no agreements finalized as of filing | |||
| 2007-07-29 | acquisition_addition | announced | 2007-08-23 | 2007-08-23 | United States (Nevada, IA and Ames, IA facilities) | Refrigerated Foods — Foodservice | USD 110,000 (thousands) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of privately-held Burke Corporation for preliminary purchase price of $110,000 thousand cash; completed after quarter end; no headcount disclosed. Charge value reflects purchase price, not a workforce charge | ||
| 2007-04-29 | acquisition_addition | completed | 2006-11-10 | 2006-11-10 | United States (San Leandro, California) | Refrigerated Foods | USD 12,997 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price preliminary pending earn-outs; headcount added not disclosed | ||
| 2007-04-29 | acquisition_addition | completed | 2006-12-15 | 2006-12-15 | United States (Chino, California) | Refrigerated Foods | USD 11,651 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock and cash transaction; headcount added not disclosed | ||
| 2007-04-29 | other | announced | 3,150 | 2007-09-30 | United States (Algona IA; Austin MN; Beloit WI; Fremont NE; Tucker GA) | Manufacturing plants | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contracts covering ~3,150 employees expire September 2007; negotiations not yet initiated at any location | |||
| 2007-01-28 | acquisition_addition | completed | 2006-11-10 | United States (San Leandro, California) | Refrigerated Foods | USD 12,447 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Preliminary cash purchase price of $12,447 thousand plus assumed liabilities; headcount added not disclosed. | |||
| 2007-01-28 | acquisition_addition | completed | 2006-12-15 | United States (Chino, California) | Refrigerated Foods (Foodservice) | USD 11,604 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock and cash transaction valued at $11,604 thousand plus assumed liabilities; 287,473 Hormel shares issued. Headcount added not disclosed. | |||
| 2007-01-28 | other | announced | 3,150 | 2007-09-30 | United States (Algona IA; Austin MN; Beloit WI; Fremont NE; Tucker GA) | Manufacturing plants | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Union contracts covering approximately 3,150 employees at five plants expire September 2007; negotiations not yet initiated. No action taken during the quarter. | |||
| 2006-10-29 | plant_closure | completed | Houston, Texas, United States | Refrigerated Foods | USD 4 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plant closed during fiscal 2006 and slated for sale; charge is a write-down to estimated fair market value, not severance. Employees affected not disclosed. Corroborated in Note A, Impairment of Long-lived Assets ($4.0 million, fourth quarter). | ||||
| 2006-10-29 | acquisition_addition | completed | 265 | 2006-03-31 | 2006-03-31 | Turlock, California, United States | Grocery Products | USD 80 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Valley Fresh, Inc. acquired for preliminary purchase price of $80.4 million cash including related costs; approximately 265 employees at its 90,000-square-foot facility. | |
| 2006-10-29 | acquisition_addition | announced | 2006-09-06 | 2006-12-31 | Chino, California, United States | Refrigerated Foods | USD 17 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Provena Foods Inc. merger agreement signed during fiscal 2006, pending shareholder approval with expected close by end of calendar 2006; estimated value $16.8 million. Headcount not disclosed. Exhibit 21.1 lists Provena as a 100%-owned subsidiary, suggesting closing occurred before the filing date. | ||
| 2006-10-29 | acquisition_addition | completed | 2006-11-10 | 2006-11-10 | San Leandro, California, United States | Refrigerated Foods | USD 12 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Assets of Saag's Products, Inc. acquired for preliminary purchase price of $12.0 million cash plus assumption of certain obligations; completed after fiscal year-end but before filing. Headcount not disclosed. | ||
| 2006-10-29 | plant_closure | completed | 2006-10-29 | 2006-10-29 | Houston, Texas | Refrigerated Foods | USD 4,045 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Houston facility closed during fiscal 2006; $4,045 thousand write-down recorded. Employee count not disclosed. | ||
| 2006-10-29 | acquisition_addition | completed | 265 | 2006-03-31 | 2006-03-31 | Turlock, California | Grocery Products | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Valley Fresh, Inc. added approximately 265 employees. | ||
| 2006-07-30 | acquisition_addition | completed | 265 | 2006-03-31 | 2006-03-31 | Turlock, California, United States | Grocery Products | USD 77 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed March 31, 2006 for a preliminary purchase price of $76.5 million in cash including related costs; Valley Fresh employs approximately 265 people at its 90,000-square-foot facility. Purchase price recorded as acquisition consideration, not a severance or restructuring charge. | |
| 2006-07-30 | acquisition_addition | announced | 2006-09-06 | 2006-12-31 | Chino, California, United States | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event definitive merger agreement announced September 6, 2006; expected to close by end of calendar 2006, subject to Provena shareholder approval (holders of ~46% of shares committed to vote in favor). No headcount disclosed for Provena. | ||||
| 2006-07-30 | other | completed | 533 | Rochelle, Illinois, United States | Rochelle, Illinois plant | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Count is the number of employees covered by the expiring union contract, not separations. Prior contract expired during fiscal 2006; a new four-year union contract was negotiated with Rochelle employees during the second quarter of fiscal 2006. No specific announcement date disclosed. | ||||
| 2006-07-30 | other | completed | 92 | Stockton, California, United States | Stockton, California plant | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Count is the number of employees covered by the expiring union contract, not separations. Prior contract expired during fiscal 2006; a new three-year union contract was negotiated with Stockton employees following the end of the third quarter. No specific announcement date disclosed. | ||||
| 2006-07-30 | acquisition_addition | completed | 265 | 2006-03-31 | United States | Grocery Products | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Valley Fresh, Inc. completed March 31, 2006. Employs approximately 265 employees. | |||
| 2006-04-30 | acquisition_addition | completed | 265 | 2006-03-31 | 2006-03-31 | United States (Turlock, California) | Grocery Products | USD 76 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price includes related costs; Valley Fresh employs approximately 265 people at its 90,000-square-foot facility | |
| 2006-04-30 | other | completed | 533 | 2006-04-30 | United States (Rochelle, Illinois) | Operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | New four-year union contract negotiated during the second quarter of fiscal 2006; 533 employees covered by the expiring contract. Announcement date not specified; anchored to quarter end | |||
| 2006-04-30 | acquisition_addition | completed | 265 | 2006-03-31 | Turlock, California | Grocery Products | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Valley Fresh, Inc. completed March 31, 2006. Company employs approximately 265 employees. | |||
| 2006-01-29 | other | in_progress | 533 | Rochelle, Illinois, United States | Manufacturing plant | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreement covering 533 employees expires during fiscal 2006; plant is under contract extension with negotiations ongoing. Disclosed in Part II risk factor on labor relations; no announcement date or completion date stated. | ||||
| 2006-01-29 | other | announced | 92 | Stockton, California, United States | Manufacturing plant | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Collective bargaining agreement covering 92 employees expires during fiscal 2006; negotiations scheduled to begin summer 2006. Disclosed in Part II risk factor on labor relations; no announcement date stated. | ||||
| 2005-10-30 | acquisition_addition | completed | 2004-12-29 | 2004-12-29 | United States (Southern California) | Refrigerated Foods | USD 210 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of Clougherty Packing Company (Farmer John); headcount added not disclosed; purchase price includes related costs | ||
| 2005-10-30 | acquisition_addition | completed | 2005-01-31 | 2005-01-31 | United States (New Berlin, Wisconsin) | Grocery Products | USD 48 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Arriba Foods, Inc. (Mexican Accent); headcount added not disclosed | ||
| 2005-10-30 | acquisition_addition | completed | 2005-03-30 | 2005-03-30 | United States (Bremen, Georgia) | Specialty Foods | USD 43 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Mark-Lynn Foods Inc.; headcount added not disclosed | ||
| 2005-10-30 | acquisition_addition | completed | 2005-04-04 | 2005-04-04 | United States (St. Paul, Minnesota) | Refrigerated Foods | USD 51 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Lloyd's Barbecue Company; headcount added not disclosed | ||
| 2005-10-30 | voluntary_separation | completed | 2005-10-30 | United States | Corporate / executive officers | USD 6 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Retirement-related benefits for executive officers recognized in Q4 fiscal 2005; employee count not disclosed | |||
| 2005-10-30 | voluntary_separation | completed | 2004-10-31 | 2005-10-30 | United States | Sales | USD 2,672 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | After-tax charge of $2,672,000 for early retirement packages related to sales reorganization. Pre-tax charge estimated at approx $4,194,000 based on effective tax rate. | ||
| 2005-05-01 | acquisition_addition | completed | 2004-12-29 | United States (Southern California) | Refrigerated Foods | USD 198 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price includes related costs; no employee count disclosed. Acquired in fiscal Q1 (first quarter of fiscal 2005), included in this filing's YTD business combinations footnote. | |||
| 2005-05-01 | acquisition_addition | completed | 2005-01-31 | United States (New Berlin, Wisconsin) | Grocery Products | USD 48 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cash purchase price including related costs; no employee count disclosed. | |||
| 2005-05-01 | acquisition_addition | completed | 2005-03-30 | United States (Bremen, Georgia) | Specialty Foods (Diamond Crystal Brands) | USD 43 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cash purchase price including related costs; no employee count disclosed. | |||
| 2005-05-01 | acquisition_addition | completed | 2005-04-04 | United States (St. Paul, Minnesota) | Refrigerated Foods (Meat Products) | USD 50 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cash purchase price including related costs; no employee count disclosed. | |||
| 2005-05-01 | voluntary_separation | completed | Sales | USD 4,194 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charge recognized in Q2 2004 for early retirement packages related to sales force reorganization; mentioned in 2005 filing for comparative context. | |||||
| 2005-01-30 | acquisition_addition | completed | 2004-12-29 | 2004-12-29 | United States (Southern California) | Refrigerated Foods | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Clougherty Packing Company acquired for $185.7 million cash; purchase price $188,243 thousand including related costs. No employee headcount added disclosed. | |||
| 2005-01-30 | acquisition_addition | announced | 2005-01-31 | United States | Grocery Products | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Arriba Foods (Mexican Accent) acquired on January 31, 2005, one day after quarter end; expected accretive to Grocery Products. No employee headcount disclosed. | ||||
| 2004-10-30 | voluntary_separation | completed | United States | Sales organization (corporate-wide realignment) | USD 8,327 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 sales reorganization offered early retirement packages to certain employees. MD&A cites $8,327 thousand of early retirement, relocation and other expenses in selling and delivery, plus $6,132 thousand of sales reorganization expenses in general corporate expense; Note F cites a one-time $1.9 million pension charge and a $0.9 million postretirement health charge from the same program. After-tax charge disclosed as $2,672 thousand ($.02 per share). Number of employees affected not disclosed. | ||||
| 2004-10-30 | divestiture_reduction | completed | 2004-06-30 | All Other — Vista International Packaging, Inc. | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the food packaging subsidiary completed June 30, 2004, with an $18.1 million pre-tax gain ($11.5 million after-tax). Headcount removed through the disposition not disclosed. | |||||
| 2004-10-30 | acquisition_addition | completed | 2004-10-18 | United States | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of the assets of Concept Foods, Inc. (renamed Alma Foods, LLC), Alma, Kansas, for $17.1 million cash. Headcount added not disclosed. | |||||
| 2004-10-30 | voluntary_separation | completed | 2004 | United States | Sales | USD 2,672 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | After-tax charge of $2,672,000 for early retirement packages related to sales reorganization. | |||
| 2004-07-24 | voluntary_separation | in_progress | United States | Sales | USD 2,672 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | After-tax charge of $2,672 thousand ($0.02 per share) for early retirement packages related to the sales reorganization; no employee count, announcement date, or completion date disclosed. | ||||
| 2004-07-24 | divestiture_reduction | completed | 2004-07-02 | 2004-06-30 | United States | All Other (Vista International Packaging, Inc.) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale completed effective June 30, 2004 with an $18,063 thousand pre-tax gain ($0.08 per share); Form 8-K announcing the sale filed July 2, 2004. No headcount removed disclosed; company contracted to continue purchasing packaging materials from the buyer for seven years ($31,000 thousand obligation). | |||
| 2004-07-24 | voluntary_separation | completed | Sales | USD 2,672 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | After-tax charge for early retirement packages related to sales reorganization. | |||||
| 2004-07-24 | divestiture_reduction | completed | 2004-06-30 | All Other | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sale of Vista International Packaging, Inc. completed June 30, 2004. Employee count not disclosed. | |||||
| 2004-04-24 | voluntary_separation | in_progress | United States | Sales (sales reorganization) | USD 4,194 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge of $4,194 thousand ($2,672 thousand after tax, $0.02 per share) for early retirement packages tied to a sales reorganization recognized in the quarter; number of employees affected and timing not disclosed. Also cited as a driver of the $16,614 thousand quarterly general corporate expense. | ||||
| 2004-04-24 | restructuring | completed | 2004-04-24 | Sales | USD 4,194 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Pre-tax charge of $4,194 recognized for early retirement packages related to sales reorganization. Employee count not disclosed. | ||||
| 2004-01-24 | restructuring | in_progress | United States | Corporate / Sales | USD 2 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | MD&A attributes part of the increase in general corporate expense to sales reorganization expenses of approximately $2,100 thousand; no employee counts or timing disclosed. | ||||
| 2004-01-24 | divestiture_reduction | announced | 2004-02-19 | 2004-04-30 | United States | All Other — Vista International Packaging, Inc. | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Non-binding letter of intent to sell the food packaging business signed after quarter end; expected to close in fiscal Q2 2004. No workforce impact disclosed. | |||
| 2003-10-25 | plant_closure | completed | 2003-02-28 | Marshall, Minnesota, United States | Jennie-O Turkey Store | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced in the first quarter of fiscal 2003; exact announcement date not disclosed. Charge is a pretax asset write-down to fair value recognized in cost of products sold, not severance. No employee count disclosed. Asset carried at $1.8 million in other assets. | |||
| 2003-10-25 | plant_closure | completed | 2003-01-03 | Rochelle, Illinois, United States | Refrigerated Foods | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Discontinuance of hog processing effective January 3, 2003; facility being converted to a 100 percent value-added processing site, so not a full closure. No employee count or charge disclosed. | ||||
| 2003-10-25 | acquisition_addition | completed | 2002-12-30 | 2002-12-30 | United States | Specialty Foods | USD 125 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of 100 percent of the stock of Imperial Sugar Company subsidiaries operating the Diamond Crystal Brands business for $124.5 million in cash including related costs. Headcount added not disclosed. | ||
| 2003-10-25 | acquisition_addition | completed | 2003-07-31 | 2003-07-31 | Sparta, Wisconsin, United States | Specialty Foods | USD 117 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of the assets of Century Foods International for $116.5 million in cash including related costs. Headcount added not disclosed. | ||
| 2003-10-25 | other | completed | 2003-10-07 | United States | Production facilities | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Union workers at five production facilities ratified a new four-year labor contract. Number of covered employees not disclosed. | ||||
| 2003-10-25 | plant_closure | completed | 2003-01-01 | 2003-02-28 | Marshall, Minnesota | Jennie-O Turkey Store | USD 3 (millions) | Note A - Summary of Significant Accounting Policies f5-10k / Qwen3.6-27B-Q8_0 | Closure of Heartland Foods processing plant. Pretax loss of $2.5 million recognized to write asset down to fair value. Employee count not disclosed. | ||
| 2003-10-25 | plant_closure | completed | 2003-01-03 | Rochelle, Illinois | Refrigerated Foods | MD&A - Refrigerated Foods f5-10k / Qwen3.6-27B-Q8_0 | Discontinuance of hog processing operations. Facility converted to value-added product processing. Employee count not disclosed. | ||||
| 2003-07-26 | other | announced | 2003-09-30 | United States — Algona, IA; Austin, MN; Beloit, WI; Fremont, NE; Tucker, GA | Production facilities | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company disclosed it was negotiating labor contracts expiring in early September 2003 covering five production facilities; no employee counts or terms disclosed. | ||||
| 2003-07-26 | acquisition_addition | announced | 2003-07-31 | Sparta, Wisconsin, United States | Specialty Foods | USD 115 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter announcement of $115 million cash acquisition of Century Foods International assets; no headcount added disclosed. Financed with existing cash plus $60 million drawn on line of credit. | |||
| 2003-07-26 | other | completed | 2003-01-03 | Rochelle, Illinois, United States | Refrigerated Foods | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hog processing discontinued at the facility effective January 3, 2003; facility being converted to 100 percent value-added processing. No workforce reduction count disclosed. | ||||
| 2003-04-26 | acquisition_addition | completed | 2002-12-01 | United States | Specialty Foods | USD 124,432 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | December 2002 acquisition of Diamond Crystal Brands (purchase price $124,432 thousand incl. related costs); no employee headcount disclosed. Purchase accounting expected to be finalized by end of fiscal 2003. | |||
| 2003-04-26 | plant_closure | completed | 2003-01-03 | United States | Refrigerated Foods | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hog processing discontinued at the Rochelle, Illinois facility effective January 3, 2003; facility being converted to 100% value-added processing. No affected-employee count or severance disclosed. | ||||
| 2003-01-25 | plant_closure | announced | 2003-02-28 | Marshall, Minnesota, United States | Jennie-O Turkey Store (Heartland Foods processing plant) | USD 1,732 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure announced to maximize turkey operations efficiency; assets written down to fair market value under SFAS 144 for a pre-tax loss of $1,732 thousand, reclassified to other assets and no longer depreciated. Number of employees affected not disclosed. | |||
| 2003-01-25 | plant_closure | completed | 2003-01-06 | Rochelle, Illinois, United States | Refrigerated Foods (Meat Products — slaughter operations) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Slaughter operations shut down January 6, 2003; facility to be converted to a 100 percent value-added product processing plant. Quarterly slaughter levels declined 3.2 percent as a result. Employees affected not disclosed. | ||||
| 2003-01-25 | acquisition_addition | completed | 2002-12-31 | United States | Specialty Foods (Diamond Crystal Brands) | USD 117,578 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Diamond Crystal Brands completed in December 2002 for a purchase price of $117,578 thousand including related costs; $71,604 thousand of goodwill recorded. Headcount added through the acquisition not disclosed; prompted creation of a new Specialty Foods reportable segment. | |||
| 2003-01-25 | plant_closure | announced | 2003-01-25 | 2003-02-28 | Marshall, Minnesota | Jennie-O Turkey Store | USD 1,732 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closure of Heartland Foods processing plant; assets written down to fair market value resulting in before-tax loss of $1,732 thousand. | ||
| 2003-01-25 | plant_closure | completed | 2003-01-06 | 2003-01-06 | Rochelle, Illinois | Refrigerated Foods | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Shutdown of slaughter operations at Rochelle facility to convert to value-added product processing. | |||
| 2001-10-27 | acquisition_addition | completed | 2001-01-22 | 2001-02-24 | United States (Barron, Wisconsin) | Jennie-O Turkey Store | USD 368,650 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price including related costs; headcount added not disclosed. Merger agreement dated 2001-01-22, closed 2001-02-24. Charge value is the purchase price, not a severance or restructuring charge. | ||
| 2001-10-27 | acquisition_addition | completed | 2001-04-27 | United States (Savannah, Georgia) | Refrigerated Foods — Hormel HealthLabs | USD 66,237 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Asset purchase closed 2001-04-27; headcount added not disclosed. Charge value is the purchase price including related costs. | |||
| 2001-10-27 | divestiture_reduction | completed | United States (Algona, Iowa) | All Other — food processing equipment business (AFECO) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company exited the food processing equipment business by selling wholly owned subsidiary AFECO during the fourth quarter of fiscal 2001; gain recognized on sale noted in All Other segment discussion. Headcount removed not disclosed; exact transaction date not given. | |||||
| 2001-10-27 | other | completed | United States (Rochelle, Illinois) | Refrigerated Foods — Meat Products | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Brief labor strike at the Rochelle, Illinois plant contributed to a 3.1% fourth-quarter and 2.0% full-year decline in hog slaughtering levels; strike dates and employees affected not disclosed. | |||||
| 2001-10-27 | other | completed | United States (Rochelle, Illinois) | Refrigerated Foods — Meat Products | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company discontinued the second slaughter shift at the Rochelle, Illinois facility to expand higher-margin value-added production; associated headcount impact not quantified. | |||||
| 2001-10-27 | acquisition_addition | completed | 2001-02-24 | United States | Jennie-O Turkey Store | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of The Turkey Store Company. Headcount not explicitly disclosed. | ||||
| 2001-10-27 | acquisition_addition | completed | 2001-04-27 | United States | Refrigerated Foods | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Diamond Crystal Brands Nutritional Products. Headcount not explicitly disclosed. | ||||
| 2001-10-27 | divestiture_reduction | completed | United States | All Other | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Sale of wholly owned subsidiary Algona Fabrication and Equipment Co. (AFECO). Headcount not explicitly disclosed. | |||||
| 2001-10-27 | other | completed | Rochelle, Illinois | Refrigerated Foods | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Brief labor strike at Rochelle, Illinois plant and discontinuation of second slaughter shift. Headcount impact not explicitly disclosed. | |||||
| 2001-07-28 | acquisition_addition | completed | 2001-02-24 | 2001-02-24 | United States (Barron, Wisconsin) | Jennie-O Turkey Store | USD 334 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All outstanding capital stock acquired for $334.4 million cash, subject to adjustments. No employee headcount for the acquired business is disclosed in this filing. | ||
| 2001-07-28 | acquisition_addition | completed | 2001-04-27 | 2001-04-27 | United States | Hormel Foods (Hormel HealthLabs) | USD 65 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the assets of Diamond Crystal Brands Nutritional Products for approximately $65,000 thousand in cash; no headcount added is disclosed. | ||
| 2001-04-28 | acquisition_addition | completed | 2001-02-24 | 2001-02-24 | United States (Barron, Wisconsin) | Jennie-O Turkey Store | USD 334 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All issued and outstanding capital stock purchased for $334.4 million cash, subject to adjustments for indebtedness and working capital. No employee headcount added is disclosed; purchase price allocation is preliminary pending an independent valuation. | ||
| 2001-04-28 | acquisition_addition | completed | 2001-04-27 | 2001-04-27 | United States | Hormel Health Labs | USD 65 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Asset purchase of Diamond Crystal Brand Nutritional Products for approximately $65.0 million cash; no headcount added is disclosed. | ||
| 2001-04-28 | other | completed | United States (Rochelle, Illinois) | Manufacturing operations | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three-week labor strike at the Rochelle, Illinois facility during the quarter; MD&A notes expense related to the strike but gives no dates, affected-employee counts, or charge amounts. | |||||
| 2001-04-28 | other | completed | Rochelle, Illinois | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Three-week labor strike occurred in Rochelle, Illinois. | ||||||
| 2001-04-28 | acquisition_addition | completed | 2001-02-24 | Barron, Wisconsin | Jennie-O Turkey Store | USD 334 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Jerome Foods, Inc. (The Turkey Store Company) completed. Headcount not disclosed. | |||
| 2001-04-28 | acquisition_addition | completed | 2001-04-27 | Hormel Health Labs | USD 65 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Diamond Crystal Brand Nutritional Products assets. Headcount not disclosed. | ||||
| 2001-01-27 | acquisition_addition | completed | 2001-01-22 | 2001-02-24 | United States (Barron, Wisconsin; to be merged into Jennie-O, Willmar, Minnesota) | Jennie-O Turkey Store (Turkey business) | USD 334 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire The Turkey Store Company (Jerome Foods, Inc.) announced January 22, 2001; acquisition completed February 24, 2001 for $334.4 million cash, subject to adjustment. No employee headcount added disclosed. Financed in part via a $425 million unsecured 364-day revolving credit facility entered October 31, 2000. | ||
| 1998-10-31 | divestiture_reduction | completed | United States — Davenport, Iowa | Bulk gelatin/specialized protein plant | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold bulk gelatin/specialized protein plant and business to Goodman Fielder Limited of Sydney, Australia during fiscal 1998; employee headcount impact not disclosed | |||||
| 1998-10-31 | divestiture_reduction | completed | 1998-10-31 | Davenport, Iowa | Bulk gelatin/specialized protein | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Sold bulk gelatin/specialized protein plant and business to Goodman Fielder Limited during fiscal 1998. Employee count not disclosed. | ||||
| 1998-04-25 | divestiture_reduction | completed | Davenport, Iowa, United States | Gelatin plant (sold to Goodman Fielder, LTD.) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Gelatin plant sale closed late in the first quarter of fiscal 1998; filing discloses a $17,402 thousand after-tax gain but no employee-impact figures. | |||||
| 1998-01-24 | divestiture_reduction | completed | 1997-12-17 | 1998-01-24 | United States (Davenport, Iowa) | Specialty Products Division, Prepared Foods Group | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the Davenport gelatin/specialized proteins plant to Goodman Fielder Limited for $71,400,000; closed 1998-01-24. No employee count disclosed; expected annual sales volume reduction of approximately $40,000 (thousands) and 15,000 pounds. | |||
| 1998-01-24 | acquisition_addition | completed | 1997-10-25 | United States | Jennie-O turkey operations | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Jennie-O acquired Heartland Foods Company in late October 1997 to meet growing demand; no headcount added disclosed. | ||||
| 1997-10-25 | divestiture_reduction | completed | 1996 | 1997-01-31 | United States | Farm Fresh Catfish Company — fish business | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Intention to exit announced late calendar 1996 (exact date not disclosed); sale negotiated and closed during the first quarter of fiscal 1997. Headcount not disclosed. | |||
| 1997-10-25 | acquisition_addition | completed | 1997-10 | 1997-10 | Marshall, Minnesota, United States | Jennie-O Foods, Inc. — turkey processing | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of the Heartland Food Company plant described as part of Jennie-O's long-term expansion program. Employees added not disclosed. | |||
| 1997-10-25 | divestiture_reduction | announced | 125 | 1997-12-17 | 1998-01-31 | Davenport, Iowa, United States | Bulk gelatin / specialized proteins plant and business | USD 71 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: agreement announced in the first quarter of fiscal 1998 (Form 8-K filed 1997-12-17), expected to close late January 1998. The 125 production and administrative employees are included in the sale agreement. The $71.4M figure is sale consideration, not a severance or restructuring charge. | |
| 1997-10-25 | plant_closure | completed | Houston, Texas, United States | Processing plant | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure date and associated workforce reduction not disclosed; cannot be anchored to fiscal 1997. | |||||
| 1997-10-25 | plant_closure | completed | Hillsboro, Oregon, United States | Stagg Foods, Inc. — chili and stew production | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure date and associated workforce reduction not disclosed; cannot be anchored to fiscal 1997. | |||||
| 1997-10-25 | divestiture_reduction | completed | 1996-10 | 1997-03 | United States | Fish Business | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Sale of Farm Fresh Catfish Company closed during the first quarter of 1997. | |||
| 1997-10-25 | divestiture_reduction | announced | 125 | 1997-12 | 1998-01 | Davenport, Iowa | Bulk Gelatin/Specialized Protein | USD 71 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Agreement to sell plant and business to Goodman Fielder Limited for $71.4 million. Includes 125 production and administrative employees. Sale expected to close late January 1998. | |
| 1997-10-25 | divestiture_reduction | completed | 1996-10-01 | 1997-01-31 | United States | Farm Fresh Catfish Company (fish business) | USD 9 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge recorded Q4 FY1996; sale completed Q1 FY1997, $5.2M reserve reversed in FY1997; $650K accrual retained at year-end | ||
| 1997-10-25 | acquisition_addition | completed | 1996-10-01 | 1996-10-31 | United States | Grocery Products (chili) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired October 1996 for $40M stock plus $10M cash non-compete; headcount added not disclosed | |||
| 1997-10-25 | acquisition_addition | completed | 1997-10-01 | 1997-10-31 | United States (Marshall, Minnesota) | Jennie-O Foods (turkey processing) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Heartland Foods plant purchased October 1997 as part of Jennie-O expansion; headcount added not disclosed | |||
| 1997-10-25 | plant_closure | announced | 125 | 1997-12-17 | 1998-01-31 | United States (Davenport, Iowa) | Bulk gelatin/specialized proteins | USD 71 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Davenport plant to Goodman Fielder Limited for $71.4M; 125 production and administrative employees included in sale agreement | |
| 1996-10-26 | restructuring | in_progress | 1996-11-01 | 1997-03-31 | United States (Arkansas and Mississippi) | Farm Fresh Catfish Company — fish business | USD 9 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth-quarter 1996 reserve of $8.7 million ($5.4 million after tax, $.07 per share) for exit from the catfish business via sale or liquidation, including accruals and asset write-downs; Form 8-K filed 1996-11-01 announced the letter of intent for the asset sale. No employee count disclosed; sale expected to close early 1997. | ||
| 1996-10-26 | acquisition_addition | completed | 1996-10-15 | United States (Hillsboro, Oregon) | Prepared Foods — chili and stew products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired for $40,000,000 of company stock plus $10,000,000 cash paid to former owners under a five-year noncompete agreement; $34,052,000 of goodwill recorded. Headcount added not disclosed; Stagg Foods operated as part of the main Hormel business. | ||||
| 1996-10-26 | restructuring | completed | 1996-11-01 | United States | Farm Fresh Catfish Company | USD 5 (millions) | Item 14. Exhibits and Financial Statement Schedules f5-10k / Qwen3.6-27B-Q8_0 | Charge taken against fiscal 1996 earnings for asset sale of Farm Fresh Catfish Company. Employee count not disclosed. | |||
| 1995-10-28 | plant_closure | completed | 1996-01-31 | Ottumwa, Iowa, United States | Processing | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Facility closed; a reserve for probable loss on disposition was established in fiscal 1994, and the sale was scheduled to close in the first quarter of fiscal 1996. No employee count or charge amount disclosed for fiscal 1995 | ||||
| 1995-10-28 | acquisition_addition | completed | Pelican Rapids, Minnesota, United States | Jennie-O Foods — Poultry | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Jennie-O exercised its option during fiscal 1995 to buy the assets of West Central Turkeys, Inc., a prior co-packer; no headcount or transaction value disclosed |