Hormel makes $1 billion bet on chicken
By Carson Hartzog
The Minnesota Star Tribune (October 18, 2026)
Hormel Foods is placing a significant bet on the future of chicken, announcing a $1 billion investment in its poultry business. This strategic move aims to strengthen Hormel's position in the rapidly growing chicken market and solidify its place as a leading provider of high-quality poultry products.
The investment will be directed towards various initiatives, including expanding processing capacity, upgrading facilities, and implementing innovative technologies to enhance productivity and efficiency. Hormel aims to capitalize on the increasing global demand for chicken, positioning itself as a key player in the industry.
This announcement underscores Hormel's commitment to its core businesses and its belief in the long-term growth prospects of the chicken sector. With this substantial investment, the company aims to deliver on its promise of providing consumers with delicious, safe, and sustainable chicken products.