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Stock impact report

An inspired childcare option [Yahoo! Finance]

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: Yahoo! Finance
Just over one year ago, ground was broken on Hormel Foods Corps' Inspired Beginnings Learning Academy, and on Tuesday afternoon they cut the ribbon on the finished $5 million, 13,000 square foot facility that many within the community hope will increase options for childcare in the community. "It's surreal. This has been years in the making," said Angie Bissen, Human Resources manager who has been involved with the center since the beginning. "I found myself thinking that we've finally crossed the finish line, but really it's just the beginning." Work on the idea of a childcare facility by the company prior to the COVID-19 pandemic. Slowed by the pandemic, the idea began gaining momentum again in the years following. It's a project that saw Hormel partner with a number of different organizations including Mower County, the City of Austin and Austin Public Schools, who granted tax abatements for the property. Both Mower and Austin granted 15 year abatements and APS a five year Show less Read more
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