-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BliL3gTz4p0Da1S4VJ717D1rLP7haocPx8DZE1TLfvqSshN4Rn6ubi0noWLZ3OQn 1Zr0xlypU9hGljDgP3RtHQ== 0001104659-05-013833.txt : 20050330 0001104659-05-013833.hdr.sgml : 20050330 20050330164854 ACCESSION NUMBER: 0001104659-05-013833 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20050330 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050330 DATE AS OF CHANGE: 20050330 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HORMEL FOODS CORP /DE/ CENTRAL INDEX KEY: 0000048465 STANDARD INDUSTRIAL CLASSIFICATION: MEAT PACKING PLANTS [2011] IRS NUMBER: 410319970 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02402 FILM NUMBER: 05714821 BUSINESS ADDRESS: STREET 1: 1 HORMEL PL CITY: AUSTIN STATE: MN ZIP: 55912-3680 BUSINESS PHONE: 5074375737 MAIL ADDRESS: STREET 1: 1 HORMEL PLACE CITY: AUSTIN STATE: MN ZIP: 55912-3680 FORMER COMPANY: FORMER CONFORMED NAME: HORMEL GEO A & CO DATE OF NAME CHANGE: 19920703 8-K 1 a05-5914_18k.htm 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D. C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15 (d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)   March 30, 2005

 

 

HORMEL FOODS CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-2402

 

41-0319970

(State or Other
Jurisdiction of
Incorporation)

 

(Commission File
Number)

 

(IRS Employer
Identification
Number)

 

1 Hormel Place

Austin, MN  55912

(Address of Principal Executive Office)

 

Registrant’s telephone number, including area code:  (507) 437-5611

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Section 7 – REGULATION FD

 

Item 7.01 Regulation FD Disclosure

 

On March 30, 2005, the Company issued a press release announcing the acquisition of Mark-Lynn Foods Inc.  A copy of the release is furnished as Exhibit 99 to this Form 8-K and is incorporated herein by reference.

 

Section 9 – FINANCIAL STATEMENTS AND EXHIBITS

 

Item 9.01 Financial Statements and Exhibits

 

(c)           Exhibits furnished pursuant to Item 7.01

 

99         Press release issued March 30, 2005

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

HORMEL FOODS CORPORATION

 

      (Registrant)

 

 

 

 

Dated:

March 30, 2005

 

By

/s/JEFFREY M. ETTINGER

 

 

 

JEFFREY M. ETTINGER

 

 

President and Chief Operating Officer

 

 

 

 

Dated:

March 30, 2005

 

By

/s/JAMES N. SHEEHAN

 

 

 

JAMES N. SHEEHAN

 

 

Vice President and Controller

 

2


EX-99 2 a05-5914_1ex99.htm EX-99

Exhibit 99

 

Fred Halvin

Director, Investor Relations

507-437-5007

 

FOR IMMEDIATE RELEASE

 

HORMEL FOODS ACQUIRES MARK-LYNN FOODS INC.

 

Acquisition Accretive, Expands Hormel Foods Presence in Foodservice

 

AUSTIN, Minn., March 30, 2005 —  Hormel Foods Corporation (NYSE: HRL) today announced it has purchased privately held Mark-Lynn Foods Inc. of Bremen, Ga., for approximately $42.5 million.  The company anticipates sales of about $50 million, and expects the deal to be $.01 accretive to the 2005 earnings per share.

 

Mark-Lynn Foods is an established manufacturer and distributor of a wide array of foodservice items. The company manufactures food products including salt and pepper packets, ketchup, mustard, sauces and salad dressings, creamers, sugar packets as well as jellies, desserts, and drink mixes.

 

“With half of today’s U.S. consumer food dollars being spent outside of the home, our acquisition of Mark-Lynn Foods further strengthens the foodservice-focused capabilities within the Specialty Foods Business Segment.  It will be managed by our Diamond Crystal Brands unit,” said Joel W. Johnson, chairman of the board and chief executive officer, Hormel Foods. “Mark-Lynn Foods has a well-established capacity to produce multiple lines of dry and wet products, which is an excellent fit with our existing Specialty Foods manufacturing operations,” he added.

 

Mark-Lynn Foods was established in 1983 and is owned by Edward Dickinson, founder and president.  The company currently operates more than 35 production lines within its 156,000-square-foot manufacturing facility on 38 acres in Bremen.

 

About Hormel Foods Corporation

 

Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace.  For each of the past five years, Hormel Foods has been named one of “The 400 Best Big Companies in America” by Forbes

 

1



 

magazine. The company enjoys a strong reputation among consumers, retail grocers, and foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value.  For more information, visit www.hormel.com.

 

About Mark-Lynn Foods Inc.

 

Mark-Lynn Foods Inc. is a leading manufacturer and distributor of a wide array of foodservice items. The company manufactures food products including salt and pepper packets, ketchup, mustard, sauces and salad dressings, creamers, sugar packets as well as jellies, desserts, and drink mixes.

 

Forward-Looking Statements

 

This news release contains forward-looking information based on management’s current views and assumptions.  Actual events may differ.  Please refer to the Cautionary Statement Relevant to Forward-Looking Statements and Information that appears on Exhibit 99.1 of the company’s Annual Report on Form 10-K for the fiscal year ended October 30, 2004, which can be accessed at www.hormel.com.

 

2


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