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Subsidy Tracker Parent Company Summary
Parent Company Name: Hormel Foods
Ownership Structure: publicly traded (ticker symbol HRL)
Headquartered in: Minnesota
Major Industry: food products
Specific Industry: meatpacking
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $33,044,445 | 31 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $33,044,445 | 31 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $26,818,563 | 5 |
| TOTAL | $26,818,563 | 5 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Iowa | $26,996,908 | 19 |
| Minnesota | $4,869,304 | 2 |
| Nebraska | $400,000 | 1 |
| California | $350,237 | 4 |
| Kansas | $250,000 | 1 |
| All other | $177,996 | 4 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy  |
| HORMEL FOODS CORPORATION | California | state | 2003 | $16,380 | | training reimbursement |
| VALLEY FRESH, INC. | California | state | 2005 | $3,120 | | training reimbursement |
| Osceola Foods | Iowa | state | 2003 | $761,238 | | training reimbursement |
| Burke Marketing Corporation | Iowa | state | 2008 | $44,596 | | training reimbursement |
| Burke Marketing Corporation | Iowa | state | 2005 | $64,451 | | training reimbursement |
| Hormel Foods Dba Progressive Processing, LLC | Iowa | state | 2020 | $304,948 | | training reimbursement |
| Burke Marketing Corporation | Iowa | state | 2020 | $569,625 | | training reimbursement |
| Hormel Foods Dba Progressive Processing, LLC | Iowa | state | 2016 | $444,108 | | training reimbursement |
| Hormel Foods Dba Progressive Processing, LLC | Iowa | state | 2014 | $384,695 | | training reimbursement |
| Columbus Mfg Inc | California | state | 2020 | $229,580 | | training reimbursement |
| Columbus Mfg Inc | California | state | 2023 | $101,157 | | training reimbursement |
| Hormel Foods | Iowa | local | 2022 | $317,003 | | tax increment financing |
| Hormel Foods | Iowa | local | 2021 | $665,566 | | tax increment financing |
| Hormel Foods | Iowa | local | 2020 | $672,311 | | tax increment financing |
| Hormel Foods Corporation | Iowa | state | 2008 | $6,115,980 | | tax credit/rebate |
| Burke Marketing Corporation | Iowa | state | 2004 | $855,875 | | tax credit/rebate |
| Hormel Foods Corporation | Illinois | state | 2004 | undisclosed | | tax credit/rebate |
| Hormel Foods Corporation | Illinois | state | 2005 | undisclosed | | tax credit/rebate |
| Hormel Foods Corporation | Illinois | state | 2006 | undisclosed | | tax credit/rebate |
| Hormel Foods Corporation | Illinois | state | 2007 | $73,721 | | tax credit/rebate |
| Hormel Foods Corporation | Illinois | state | 2008 | undisclosed | | tax credit/rebate |
| Jennie-O Turkey Store, Inc. | Wisconsin | state | 2011 | $18,105 | | tax credit/rebate |
| Hormel Foods Corporation | Wisconsin | state | 2012 | $6,693 | | tax credit/rebate |
| Jennie-O Turkey Store, Inc. | Wisconsin | state | 2012 | $79,477 | | tax credit/rebate |
| Hormel Foods Corporation | Nebraska | state | 2012 | undisclosed | | tax credit/rebate |
| Progressive Processing, LLC | Iowa | state | 2013 | $2,313,000 | | tax credit/rebate |
| Jennie-O Turkey Store | Minnesota | local | 2017 | $4,275,000 | | tax credit/rebate |
| Hormel Foods Corporation | Iowa | state | 2023 | $576,786 | | tax credit |
| Hormel | Kansas | local | 2017 | undisclosed | | tax abatement |
| Jennie-O-Turkey Store | Minnesota | local | 2014 | $594,304 | | multiple |
| Burke Marketing Corporation | Iowa | state | 2004 | $200,000 | | grant/loan hybrid program |
| Hormel Foods Corporation | Iowa | state | 2004 | $198,000 | | grant/loan hybrid program |
| Hormel Foods Corporation, Progressive Processing, LLC | Iowa | state | 2019 | $575,706 | | grant/loan hybrid program |
| Hormel Foods Corporation And Burke Marketing Corporation | Iowa | state | 2018 | $10,512,000 | | grant/loan hybrid program |
| Hormel | Nebraska | state | 2020 | $400,000 | | grant |
| Hormel Foods Corporation | Kansas | state | 2022 | $250,000 | | grant |
| Jennie-O Turkey Store, Inc. | United States | federal | 2012 | | $2,700,000 | federal loan or loan guarantee |
| Jennie-O Turkey Store, Inc. | United States | federal | 2014 | | $7,200,000 | federal loan or loan guarantee |
| Jennie-O Turkey Store, Inc. | United States | federal | 2012 | | $7,650,000 | federal loan or loan guarantee |
| Jennie-O Turkey Store, Inc. | United States | federal | 2011 | | $9,000,000 | federal loan or loan guarantee |
| Hormel Foods Corporation | United States | federal | 2010 | | $268,563 | federal loan or loan guarantee |
| Hormel Foods Corporation 04-EZ-12 | Iowa | state | 2004 | $1,421,020 | | enterprise zone |
| West Central Turkeys LLC | Minnesota | state | 2007 | undisclosed | | enterprise zone |
