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A peek into Hormel Food’s tumultuous past
- In 1887, George Hormel borrowed $500 to establish a pork-packing plant in Austin, Minnesota, after a local meat market burned down.
- By World War I, Hormel was processing over 300,000 hogs annually and launched products like Spam during the Great Depression.
- In 1985, more than 1,500 meatpackers went on strike after wage cuts from $10.69 an hour to $8.25, significantly impacting the community.
- Hormel Foods Corporation now employs over 20,000 people worldwide and reviews salaries annually to remain competitive.
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A peek into Hormel Food’s tumultuous past
AUSTIN, Minn. — When George Hormel was a young man, he’d already tried his luck with multiple occupations: sheep shearing, his father’s tannery, meat packing, wool and hide buying. And he failed with each job. Hormel’s fortunes changed, however, in 1887 after he heard news that a meat market in Austin, Minnesota, burned to the ground. The owner, Anton “Fritz” Friedrich, rebuilt, but wanted out of the business. Having no money, Hormel borrowed $5…
·Fargo, United States
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Total News Sources17
Leaning Left0Leaning Right8Center5Last UpdatedBias Distribution62% Right
Bias Distribution
- 62% of the sources lean Right
62% Right
C 38%
R 62%
Factuality
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