Hormel Foods Provides Over $2M in Products and Disaster Relief Support for California Wildfires
Rhea-AI Summary
Hormel Foods (NYSE: HRL) and its joint-venture MegaMex Foods have committed over $2 million in disaster relief support for Southern California wildfire-affected communities. The company has donated more than 550,000 pounds of food products, equivalent to 460,000 meals, including ready-to-eat and shelf-stable products from brands like PLANTERS, SKIPPY, JUSTIN'S, and EMBASA.
The support package includes frozen and refrigerated products such as JENNIE-O OVEN READY turkeys, WHOLLY avocado minis, and COLUMBUS meats. The company's Foodservice division is supporting local restaurants providing free meals to first responders and displaced residents. Additionally, the Hormel Foods Charitable Trust and MegaMex Foods jointly donated $50,000 to the LA Unified School District Education Foundation's Emergency Relief Fund to assist affected students, faculty, and families.
Positive
- Demonstrates strong corporate social responsibility and community engagement
- Strategic partnership with local organizations enhances distribution efficiency
- Leverages multiple brand portfolios for comprehensive relief effort
Negative
- None.
News Market Reaction
On the day this news was published, HRL gained 0.13%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The company, along with joint-venture MegaMex Foods — the makers of WHOLLY® GUACAMOLE, LA VICTORIA®, HERDEZ®, and CHI-CHI'S® salsa — partner to deliver assistance to communities where team members live and work
To date, Hormel Foods has donated food products totaling more than 550,000 pounds, which equates to over 460,000 meals*. The donation included essential ready-to-eat and shelf-stable products from brands such as PLANTERS®, SKIPPY®, JUSTIN'S® and EMBASA®. Frozen and refrigerated products such as JENNIE-O® OVEN READY™ whole turkeys, WHOLLY® avocado minis and
Given the company's commitment to education and recognizing the wildfire's impact on local schools, the Hormel Foods Charitable Trust along with MegaMex Foods — which is headquartered in
"We are devastated by the impact that ongoing wildfires have had across the greater L.A. area," said Katie Clark, senior vice president and chief communications officer at Hormel Foods. "Ensuring that first responders, aid workers and community members in need have access to food, protein and nutrition is an ongoing priority for us. We partnered with Convoy of Hope and local restaurants to ensure the products we donated would be useful right away. We are dedicated to supporting relief efforts in both the short- and long-term as communities restock pantries and rebuild lives."
*Based on USDA guidelines, a meal is equal to 1.2 pounds of food.
About Hormel Foods – Inspired People. Inspired Food.™
Hormel Foods Corporation, based in
About MegaMex Foods, LLC
MegaMex Foods, one of the fastest growing Mexican food companies in the
Contact: | Media Relations |
Hormel Foods | |
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SOURCE Hormel Foods Corporation