Hormel Foods 2020 – Inside the Company’s Growth Strategy

Jim Snee, president and chief executive officer, said six strategies will give Hormel Foods the momentum to achieve its goals. The six strategies include continuing to become a more diversified food company; expanding and accelerating its food service business; expanding its international footprint; reducing volatility and increasing balance throughout the business; divesting assets that do not perform; and modernizing the Hormel Foods supply chain.