Global branded food company and its leading
turkey brand continue to advance renewable energy projects at their
Montevideo, Minn., plant
MONTEVIDEO, Minn., Sept. 27,
2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:
HRL), a Fortune 500 global branded food company known for its
commitment to green power, celebrated the completion of an 8-acre
solar field during a ribbon-cutting event Tuesday, Sept. 26 at its Jennie-O plant location
in Montevideo, Minn.
The project is projected to generate 3.2 million kilowatt hours
(kWh) per year between the community solar and onsite solar
projects. The onsite solar portion of the project will supply
approximately 10% of the plant's annual electricity, while the
community solar portion of the project will provide Jennie-O team
members, community members and businesses the opportunity to
support green power and receive discounts on their energy
bills.
"We are inspired to do our part to make the world a better place
with the completion of this project," said Tom Raymond, director of environmental
sustainability at Hormel Foods. "We know the importance of
advancing renewable energy initiatives and this project
demonstrates our commitment to environmental stewardship, including
how we source the energy we need."
The new solar array will help the environment by reducing
greenhouse gas emissions by an estimated 2,265 metric tons per
year, equivalent to taking 504 average gasoline powered passenger
vehicles off of the road for one year.
Hormel Foods has been a leader in supporting a variety of other
renewable energy initiatives, including its solar projects in
Kansas and California and its Virtual Power Purchase
Agreements for the Western Trails and Haystack wind projects,
respectively located in northern Texas and eastern Nebraska.
As a company, Hormel Foods has a goal to achieve 100% green
power worldwide by 2030. Over the past year, it has increased its
procurement of domestic renewable electricity from less than 10% to
100% through Virtual Power Purchase Agreements that generate over
936 million kWh hours annually. For these efforts, the company has
received awards from the Environmental Protection Agency and the
Center for Resource Solutions. Additionally, Hormel Foods is an
anchor-tenant in community solar projects in Illinois and now rural central Minnesota.
For more information about the company's 20 By 30
Challenge and environmental stewardship efforts, please visit
the 2022 global impact report here.
About Jennie-O Turkey Store
For over 80 years, the Jennie-O® brand has
been helping consumers live well by eating well. As the category
leader, Jennie-O® turkey is the trusted
brand for quality turkey and a source of expertise. We provide a
full portfolio of delicious, nutritious turkey proteins and
inspiration for everyday meals or special occasions. Known for our
bright green awning evoking the nostalgia of a local farmer stand,
our round logo with a touch of yellow and our distinct name from
our founders' daughter Jennifer, the Jennie-O®
turkey brand has the right amount of small-town friendliness paired
with leading company expertise and quality.
About Hormel Foods — Inspired People. Inspired
Food.™
Hormel Foods Corporation, based in
Austin, Minn., is a global branded food company with over
$12 billion in annual revenue across
more than 80 countries worldwide. Its brands include
Planters®, Skippy®, SPAM®,
Hormel® Natural Choice®, Applegate®, Justin's®,
Wholly®, Hormel® Black Label®,
Columbus®, Jennie-O® and more than
30 other beloved brands. The company is a member of the S&P 500
Index and the S&P 500 Dividend Aristocrats, was named on the
"Global 2000 World's Best Employers" list by Forbes magazine for three years, is one of
Fortune magazine's most admired companies, has appeared on the "100
Best Corporate Citizens" list by 3BL Media 13 times, and has
received numerous other awards and accolades for its corporate
responsibility and community service efforts. The company lives by
its purpose statement — Inspired People. Inspired
Food.™ — to bring some of the world's most trusted
and iconic brands to tables across the globe. For more information,
visit hormelfoods.com and csr.hormelfoods.com.
Contact:
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SOURCE Hormel Foods Corporation