Hormel Foods Corp. reported fiscal 2011 second quarter net earnings of $109.6 million, up 20 percent from adjusted net earnings of $91.3 million a year earlier.
Hormel Foods Corp. is expanding its corporate headquarters in Austin. The maker of Spam and other prepared foods broke ground on the expansion Monday, reports the Minneapolis Star-Tribune.
Hormel Foods Corp. announced the release of its 2010 Hormel Foods Corporate Responsibility Report, available online at www.hormelfoods.com/csr. Among other successes, the company achieved its water use goal one year early, reducing water use by 30 million gallons since 2009. The report is self-declared Application Level A as confirmed by the Global Reporting Initiative.