Hormel distributes profit sharing
November 21, 2012
AUSTIN, Minn. – More than $16.9 million of annual profit sharing was distributed to eligible hourly and salaried Hormel Foods Corporation employees on Nov. 21 as part of the company’s annual Thanksgiving Eve Day tradition.
“Our record year in net sales and earnings is a testament to our hard working and dedicated employees,” said Jeffrey Ettinger, chairman of the board, president and chief executive officer. “We are honored to be able to once again provide this benefit to our employees in recognition of their tireless efforts to drive our business forward.”