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Hormel Foods To Sell Whole-Bird Turkey Business
Hormel Foods Corporation announced it will sell its whole-bird turkey business to Life-Science Innovations (LSI) to focus on value-added protein products. LSI will acquire production facilities, a feed mill, and transportation assets in Minnesota, and will provide co-manufacturing services during the transition. The transaction is expected to close by the end of fiscal 2026 for Hormel, with minimal impact on its financial results.