Hormel Foods sells Nebraska pork plant to group of Midwest farmersStaff Writer | August 16, 2018
Hormel Foods Corporation announced that they have entered into a definitive agreement to sell the Hormel Foods Fremont, Neb., processing facility to WholeStone Farms.
Food The transaction includes a processing facility and a multiyear agreement
The transaction includes a processing facility and a multiyear agreement to supply pork raw materials to Hormel Foods. The current Fremont plant management team and workforce will remain in place to ensure business continuity for all stakeholders.
WholeStone Farms was established in 2017 to create and capture value in the pork supply chain. WholeStone Farms is owned by its 220 members who are independent producers and farmers raising livestock and crops in the upper Midwest.
WholeStone Farms collectively farms nearly 400,000 acres of cropland, raise 12 million pigs a year, and share a vision to continue the legacy of family farming. It has over 1,000 family members involved and 25% on their fourth generation. ■