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MarketScreener Homepage  >  Equities  >  Nyse  >  Hormel Foods    HRL

HORMEL FOODS

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Hormel Foods : Honors 71 Suppliers with Spirit of Excellence Award

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05/23/2019 | 09:41am EST

AUSTIN, MINN. - Hormel Foods Corporation (NYSE: HRL) recently awarded 71 suppliers with a 2018 Spirit of Excellence Award for their roles in the company's continuous improvement process throughout the last year

These suppliers are from a variety of areas including contractors, pork procurement, provisions, ingredients, packaging and transportation.

'Congratulations to our suppliers who have achieved this distinguished honor from our company,' said Curtis Southard, director of purchasing for Hormel Foods. 'We are proud to partner with these suppliers. They play a key role in helping us deliver inspired food to people around the world and in achieving our key results.'

Suppliers that qualified for the Spirit of Excellence Award maintained a minimum supplier rating index score of 92 throughout a 12-month period. This score is determined by a universal measurement system that began in 1990 to ensure each supplier is held to the same standards. Award criteria include meeting performance requirements, making on-time deliveries and providing high-level customer support.

The suppliers receiving a 2018 Spirit of Excellence Award are listed below.

Contractors (23)

A.J. Lysne Contracting Corporation

Allweather Roof

Avure Technologies, Inc.

Bush, LLC

Cybertrol Engineering

East Penn Manufacturing Inc.

Eaton Corporation

Environmental Land Management, LLC

Fehr Solutions, LLC

Fox Electric

Harty Mechanical, Inc.

Hybrid Mechanical, LLC

Hyster-Yale Group

Jasper Engineering

Kestner Electric

Lou Rich, Inc.

Nikkel & Associates Inc.

PFI

Preston Refrigeration

Rockwell Automation

The Joseph Company, Inc.

Weber, Inc.

Werner Electric Ventures, LLC

Provisions (3)

Mountaire Farms

Nebraska Beef

Taurus Food Products

Procurement (19)

Daryl Muilenburg

Dean Thate

Donley Farms Inc.

Eric Ruen

Highland Family Farms

Hitterdal Hogs LLC

John and Amy Regier

Josie's Pork Farm Inc.

K B Q Inc.

LBH Partners LLP

Lenort Pork

Mike Brandts

New Fashion Pork LLP

Proline Protein Inc.

R C Family Farms Inc.

Roe Farms Inc.

Sayon Inc.

Spring Valley Farms LLP

Thome Family Farms Inc.

Purchasing (22)

Birdsong Peanuts

Bemis North America

Bunzl Processor Division

Dickson Industries, Inc.

DXP Enterprises Inc.

Ecolab, Inc.

Gamer Packaging, Inc.

Menasha Packaging Company, LLC

Minnesota Corrugated Box, Inc.

MPI Label Systems

Phoenix Closures, Inc.

ProAmpac

Ring Container Technologies LLC

RR Donnelley

Sealed Air Corporation

Silgan Containers, LLC

Silgan Plastic Food Containers

Smyth Companies, LLC

The Meyers Printing Companies, Inc.

Veritiv Corporation

Viskoteepak

Zip-Pak, An ITW Company

Transportation (4)

Don Hummer Trucking

Holiday Express Corporation

K&B Transportation

McFarland Truck Lines

(C) 2019 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
HORMEL FOODS 0.61% 46.3 Delayed Quote.2.02%
WAFRAH FOR INDUSTRY & DEVEL COMP SJSC End-of-day quote.
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Financials (USD)
Sales 2020 9 704 M
EBIT 2020 1 201 M
Net income 2020 954 M
Finance 2020 709 M
Yield 2020 2,00%
P/E ratio 2020 26,2x
P/E ratio 2021 25,0x
EV / Sales2020 2,48x
EV / Sales2021 2,42x
Capitalization 24 758 M
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Number of Analysts 13
Average target price 40,71  $
Last Close Price 46,30  $
Spread / Highest target 3,67%
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Spread / Lowest Target -27,6%
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Managers
NameTitle
James P. Snee Chairman, President & Chief Executive Officer
James N. Sheehan Chief Financial Officer & Executive Vice President
Kevin L. Myers Senior Vice President-Research & Development
Dakota A. Pippins Independent Director
Elsa A. Murano Independent Director
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