General Mills to sell Lloyd's business to Hormel

General Mills, Inc., Minneapolis, announced March 22 that it had reached an agreement to sell its Lloyd's barbecue business to the Hormel Foods Corporation. General Mills plans to complete the sale during the fourth quarter of fiscal 2005.

General Mills purchased Lloyd's in 1999. Lloyd's produces high-quality refrigerated foods including barbecued ribs and heat-and-eat meats. The business includes one manufacturing facility in St. Paul, Minn., which employs approximately 210 people. Terms of the agreement were not disclosed.

More News:

All news »

What are your comments?

You cannot post comments until you have logged in. Login Here.

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments