Hormel Announces Annual Profit Sharing
Austin, MN (KROC AM News) - Hormel Foods has carried out a long tradition, announcing its annual profit sharing Wednesday morning.
The Austin-based food processing company says the total this year is $17.5-million and will be shared with all eligible hourly and salaried employees. That’s the same amount as last year.
Hormel started the Thanksgiving Eve tradition in 1938.
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