HORMEL FOODS CORP /DE/
For the period ended Oct 26, 2025. Filed Dec 5, 2025.
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FY2025 · Filed Dec 5, 2025
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Item 2. Properties
The Company’s global headquarters is located in Austin, Minnesota. The Company has various processing plants, warehouses, and operational facilities, mainly located in the U.S. The Company maintains a national sales force through strategic placement of sales offices across the U.S. The Company also maintains properties internationally to support global processing and sales. The majority of the Company’s properties are owned. Leased property is used as needed for production, distribution, and sales.
The Company believes its operating facilities are well-maintained and suitable for current use. The Company regularly engages in construction and other capital improvement projects with a focus on value-added capacity projects and automation, as well as projects to support regulatory requirements, maintenance needs, and cost-reduction opportunities.
Many of the Company’s domestic properties are utilized by more than one segment and utilization of these facilities can change over time. Therefore, it is impracticable to disclose them by segment. The facilities outside the U.S. serve the International segment.
| Area (1)Square feet, in thousands | Owned | Leased | Total |
|---|---|---|---|
| Minnesota | 4,373 | 162 | 4,535 |
| Iowa | 1,718 | 427 | 2,145 |
| Wisconsin | 1,218 | 202 | 1,420 |
| Arkansas | 589 | 261 | 850 |
| Nebraska | 845 | — | 845 |
| California | 149 | 673 | 822 |
| All Other States | 2,518 | 1,249 | 3,767 |
| Total Domestic | 11,410 | 2,974 | 14,384 |
| China | 756 | 74 | 830 |
| Brazil | 3 | 440 | 443 |
| Indonesia | — | 18 | 18 |
| Australia | — | 2 | 2 |
| Total International | 759 | 534 | 1,293 |
| Total Square Feet | 12,169 | 3,508 | 15,677 |
(1) Turkey grow-out facilities are excluded.
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