Skip to main content

Hormel hands out $16.5 million in bonuses

The company is sharing record profits with plant employees, who tell the Daily Herald that the annual event means a lot and helps around the holidays.
  • Author:
  • Updated:
    Original:

The company is sharing record profits with plant employees, who tell the Daily Herald that the annual event means a lot and helps around the holidays.

Next Up

unsplash restaurant cashier register COVID face mask - crop

7 restaurant, bar groups sue Minneapolis over dining vaccine mandate

"Minneapolis bars and restaurants are being used as pawns..." the lawsuit said.

Screen Shot 2022-01-22 at 7.47.53 AM

Woman fatally shot in St. Paul's North End neighborhood

It's the fourth homicide so far this year in St. Paul.

Wild

Wild flip the script, dominate Blackhawks

Ryan Hartman scored twice to earn the first game of a back-to-back.

Hopkins Basketball

Hopkins suffers rare loss to No. 1 ranked Sidwell Friends

The Royals held their own in a battle of the nation's best.

argue-wertman booking photos

Charges: 2 teens responsible for violent carjacking spree across Twin Cities

They face a combined 31 felony counts, all tied to carjackings and related crimes.

rep nolan west mn house

MN rep. says he was 'assaulted' at activist group's public meeting

The Republican said a man grabbed his arms and yanked him from the room.

Screen Shot 2022-01-20 at 12.56.52 PM

What were the 'bizarre things' seen in Minnesota's sky?

The mysterious streaks were not UFOs and they weren't pieces of an asteroid.

icicles, freezing weather, cold weather

Booming noises in the night could be frost quakes

The loud sounds are most likely to happen during the middle of the night.

coronavirus, coronavirus test, covid-19

Free COVID testing site to open in St. Paul for 3 weeks

The federal testing site comes as demand for testing remains high.

Reyel Simmons photo 1 - complaint - crop

MN TikToker accused of faking federal agent life pleads guilty

He told his 10,000 followers he was a Homeland Security agent — authorities say it was a lie.

Wilf

Report: Vikings request second interview with 2 GM candidates

Ryan Poles of the Chiefs and Kwesi Adofo-Mensah of the Browns.

Related

Hormel dishes out $16.5M in bonuses to employees

Austin-based Hormel gave out $16.5 million in profit sharing to its employees. The checks amounted to about two weeks of regular pay. The bonus checks were announced a day after Hormel released its fourth-quarter and annual earnings report.

Hormel Foods worker treated for tuberculosis

Workers at the Hormel Foods plant in Austin are being screened for tuberculosis after one employee there was identified with the contagious disease, KAAL TV reports. Tuberculosis is a health issue for the workers at the plant, but not a threat to food safety, the station reports.

Hormel Foods 3Q net income soars 13%

Strong sales of Spam and Jennie-O products helped the Austin-based meat producer meet Wall Street expectations. Hormel's third quarter earnings rose to $111.2 million, or 41 cents per share, in the third quarter ended on July 29 compared to $98.5 million, or 36 cents per share, a year earlier.

Delta sharing $27 million worth of profits with Minnesota workers

A record year at Delta Airlines is coming back to Minnesota workers in the form of profit sharing. Not all of the state's 12,000 are eligible, but those who are will get a bonus of nearly five percent of their salary.

Officers accused of handing out marijuana will not be charged

Hennepin County Attorney Mike Freeman says there will be no charges against officers accused of handing out marijuana to young men as part of an officer drug training program. The state found no evidence of misconduct and witnesses gave conflicting accounts of what occured.