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Stock impact report

Alma Foods Announces Precautionary Facility Closure Until May 4

Hormel Foods Corporation (HRL) 
Last hormel foods corporation earnings: 2/20 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.hormelfoods.com
Company Research Source: PR Newswire
ALMA, Kan., April 18, 2020 /PRNewswire/ -- Alma Foods, LLC announced today, out of an abundance of caution, it will temporarily pause operations at its facility and resume production on Monday, May 4. The production pause was due to one employee testing positive for COVID-19 and the additional team members in contact with this individual outside of the facility. Given that this is a smaller production facility with minimal staffing, the company decided it was the best decision to pause the operations for 14 days to ensure the safety of its approximately 100 team members. Alma Foods is a wholly owned subsidiary of Hormel Foods Corporation (NYSE: HRL) and produces a line of fully cooked meals and entrees as well as Saucy Blues® barbeque for foodservice. "The health and well-being of our team members is our top priority," said Shane Weers, Alma Foods plant manager. "Our team of production professionals has been doing an outstanding job as they have been doing their part to help provide f Show less Read more
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