Hormel Foods Announces Donation to Philippines

AUSTIN, Minn.--(BUSINESS WIRE)--Hormel Foods Corporation (NYSE: HRL) today announced a 30,240-pound donation of SPAM^® product to the Philippine National Red Cross to help feed those in the country affected by the recent typhoons. The company is also matching up to $10,000 from employee monetary donations.

“We sincerely hope these donations will help the Red Cross assist those in need.”

“We are deeply saddened by the lives that were lost and all of the damage in the Philippines as a result of the typhoons,” said Jeffrey M. Ettinger, chairman of the board, president and chief executive officer at Hormel Foods. “We sincerely hope these donations will help the Red Cross assist those in need.”

Hormel Foods and San Miguel Corporation have a joint venture, Purefoods-Hormel Company, located in Marikini. The employees who were at the plant during the flood were able to evacuate, but many of these individuals lost their homes and cars.

The SPAM^® product donation to the Red Cross was made possible with the product and logistical cooperation of Puregold, a retailer in the Philippines.

ABOUT HORMEL FOODS CORPORATION

Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. The company is a member of the Standard & Poor's 500 Index, and in each of the past ten years, Hormel Foods was named one of “The 400 Best Big Companies in America” by Forbes magazine. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. For more information, visit http://www.hormelfoods.com.