[11], On November 18, 2015, Conagra announced it was spinning off its Lamb Weston division into a separate company that would be based in Kennewick, Washington. Conagra Brands Foundation Sets 1.5 Million Meals Goal for Holiday Campaign. Conagra Brands, Inc. manufactures and markets packaged foods for retail consumers, restaurants, and institutions. Javascript is disabled or is not supported by your browser. Who bought or sold ConAgra Foods this quarter? Ultimately, the Centers for Disease Control and Prevention (CDC) documented more than 628 individuals who were stricken with Salmonella poisoning in 47 states that could be traced back to Peter Pan and Great Value peanut butter. [32] According to the Oregon Secretary of State, ConAgra contributed $71,000 to the campaign to defeat the state ballot initiative.[33]. [23] Although ConAgra never produced paint, it assumed the liabilities of W. P. Fuller & Co., a San Francisco-based paint producer, through a series of acquisitions. [14] The acquisition was completed on October 23, 2017.[15]. Want to be notified whenever an investor makes a significant change to their holdings of ConAgra Foods? In 1940, the company began producing flour at its own mill, and in 1942 ventured into the livestock feed business. [47], On March 3, 2010, ConAgra announced that the Garner plant would close in approximately 18 months, and Slim Jim production would be moved to a plant located in Troy, Ohio. [10] The move of headquarters from Omaha to Chicago was completed in late June 2016 with the opening of their new HQ at the Merchandise Mart building. ConAgra Brands (CAG) -- the food giant that owns Chef Boyardee, Hunt's and Orville Redenbacher's as well as Marie Callender's -- is buying Pinnacle Foods (PF), the … But, as I thought about it, I mean it makes sense. [13], On September 22, 2017, Conagra announced that it was acquiring Angie's Artisan Treats, maker of Angie's Boomchickapop popcorn. ConAgra scored a total of 4 points, the lowest of any of the food companies rated. Conagra Brands Inc said on Wednesday it would buy Pinnacle Foods Inc for about $8.1 billion, trying to grab a bigger share of the fast-growing snack … [26], The company's Greeley, Colorado, plant had been cited almost 10 times from 1999 to 2002 for violating worker safety. [48], Partnership with Feeding America against child hunger, Learn how and when to remove this template message, Centers for Disease Control and Prevention, Flavor and Extract Manufacturers Association, Explosion at ConAgra plant in North Carolina, multiple injuries, Impact of the 2019–20 coronavirus pandemic on the meat industry in the United States, "Conagra Brands, Inc. 2017 Annual Report (Form 10-K)", "ConAgra to restate earnings after unit probe", "ConAgra Foods Completes Sale Of Fresh Beef And Pork Business | Conagra Brands", "ConAgra Foods to Sell Refrigerated Meats Businesses to Smithfield Foods for $575 Million; Sale Includes Butterball, Eckrich and Armour Brands", "ConAgra to Cut 1,500 Jobs, Move Headquarters to Chicago", "ConAgra Foods Acquires Chinese Potato Processor TaiMei Potato Industry Limited", "ConAgra Names CEO, Chairman of Potato Business Spinoff", "Conagra Brands completes Lamb Weston spinoff, name change", "Orville Redenbacher's popcorn owner Conagra is acquiring Angie's Boomchickapop", "Conagra Brands Completes Acquisition Of Angie's Artisan Treats, LLC, Maker Of Angie's® BOOMCHICKAPOP® Ready-To-Eat Popcorn, From TPG Growth", "Conagra to buy Pinnacle for $8.1 billion, creating frozen food powerhouse", "Carly Rae Jepsen And Cody Simpson Help Fight Child Hunger", "2006 Corporate Governance and Climate Change: Making the Connection", Voluntary Investigation and Cleanup (VIC) Program, "Sherwin, NL, Conagra Lose $1.1 Billion Lead Paint Ruling", "The People v. ConAgra Grocery Products Company et al", "ConAgra to Pay to Settle Disability Lawsuit", "Beef Processor's Parent No Stranger to Troubles", "KCK meatpacking plant shooting kills several", "Conagra Set to Settle Criminal Charges It Increased Weight and Value of Grain", "The Top 100 Corporate Criminals of the 1990s", "Food industry campaigns against Oregon labeling proposal", "Responsible Shopper Profile: Conagra Foods", "Who's Funding Prop 37, Labeling for Genetically Engineered Foods? Past performance is a poor indicator of future performance. [22], On January 7, 2014, a California Superior Court found that Conagra and its co-defendants were liable in creating a public nuisance due to lead-based paint the companies sold. In 1940, the company began producing flour at its own mill, and in 1942 ventured into the livestock feed business. Of those, 20% were hospitalized, according to the CDC, which reported no deaths associated with the outbreak. ", "Genetic Changes to Food May Get Uniform Labeling", "Parents of Sickened Children Ask for Tighter Rules on Food", "ConAgra faces 39 suits over bad peanut butter", "Judge Wants a Thorough Search for Consumers Sickened by Peter Pan Peanut Butter", "ConAgra inches closer to sentencing for Peter Pan outbreak", "ConAgra to drop popcorn chemical linked to lung ailment", "ConAgra asks stores to quit selling pies", "ConAgra closes pot pie plant out of Salmonella concerns", "Critics say ConAgra Foods mishandled pot pie recall, incident shows food safety system's flaws", "Multistate Outbreak of Salmonella Infections Associated with Frozen Pot Pies --- United States, 2007", "ConAgra explosion to prompt safety recommendations", "Statement of CSB Chairman Rafael Moure-Eraso Applauding the International Code Council for Emergency Amendment to Prohibit Indoor Purging", Companies in the Chicago metropolitan area, https://en.wikipedia.org/w/index.php?title=Conagra_Brands&oldid=998388997, Companies listed on the New York Stock Exchange, Food and drink companies established in 1919, Pages with non-numeric formatnum arguments, Articles needing additional references from February 2020, All articles needing additional references, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, Nebraska Consolidated Mills (1919–1971), This page was last edited on 5 January 2021, at 04:33. There are no current stakeholders of Conagra Foods. Conagra produces a wide array of food products including cooking oil, frozen dinners, hot cocoa, hot dogs, peanut butter and many others. For employees like Peter Edwards, a senior principal process engineer, the news was unexpected. [16] The acquisition closed on October 26, 2018. On July 14, 2014, Conagra announced that it had acquired TaiMei Potato Industry Limited, a potato processor in Shangdu, Inner Mongolia. [12], The Lamb Weston (NYSE: LW) spinoff was completed on November 9, 2016, with the new company headquartered in the suburbs of Boise, Idaho, with major manufacturing facilities in Oregon and Washington. However, this did not lead NCM to consider other food ventures, and instead it sold its assets in Duncan Hines to Procter & Gamble in 1956. I didn't have high expectations for Conagra Brands Inc (CAG), which owns food brands such as Slim Jim, Hunt's, Chef Boyardee, Orville Redenbacher's, Birds Eye, Marie Callender's, Healthy Choice, Reddi-wip, and Vlasic. Ten local governments in California filed the suit and the court ordered Conagra, NL Industries and Sherwin-Williams to pay $1.15 billion to remove or abate the lead in homes located in those cities and counties. The Jobbers Canyon district was adjacent to another historic district, the Old Market, which has proved to be an important center of cultural, tourist, and residential development in Omaha. ConAgra said the issue stemmed from pies not being cooked thoroughly in older microwaves, and that the package's heating instructions would be changed to reflect different microwaves. [20], In 2003–2004, Conagra participated in a Minnesota Pollution Control Agency voluntary investigation and clean-up program. On June 27, 2018, Conagra Brands announced the acquisition of Pinnacle Foods for $8.1 billion. [19] In a 2009 ranking by Newsweek, ConAgra ranked 342nd out of U.S. 500 largest corporations in terms of overall environmental score. Nonetheless, ConAgra's business model left it vulnerable to volatile commodity prices. Launching more savage products and merchandising vehicles for convenience stores . In August 2001, the company negotiated with the union an end to the two-year strike with a new contract that would recall workers based on seniority. This is a really nice campus, and we're not filling it out now, so it makes sense … Sentencing was delayed by U.S. District Court Judge W. Louis Sands, who ordered nationwide newspaper advertisements searching for victims of the outbreak so the government could supply Victim Impact Statements for inclusion in the pre-sentence report. [30], In 1988, Conagra threatened to relocate from Omaha to Denver, Chicago or Minneapolis if the city didn't help find a new location for its headquarters. That meat was linked to the illnesses of 19 people in six Western and Midwestern states. [5], In 2002, ConAgra Foods sold its fresh meat operations under the name Swift & Company to Hicks, Muse, Tate & Furst, Inc. and Booth Creek Management. Add alert CUSIP Number: 20588710; Top investors of Conagra Foods stock. A look at the shareholders of Conagra Brands Inc (NYSE:CAG) can tell us which group is most powerful. When ConAgra bought Monfort of Colorado in 1987, Dick became president of ConAgra Red Meats. Top Searches Holiday Gifts. [35], Conagra recalled 19 million pounds of ground beef in July 2002 with E. coli bacterial contamination. [42], By October 12, a full recall was announced, affecting all varieties of frozen pot pies sold under the brands Banquet, Albertson's, Food Lion, Great Value, Hill Country Fare, Kirkwood, Kroger, Meijer, and Western Family. The company ran at a profit until 1936, when Kinney retired. [18], Conagra has been criticized for its lack of response to global climate change. [37], Since Peter Pan (but not Great Value) is only made at one plant, the recall included all Peter Pan jars sold in the U.S. between May 2006 and February 2007. They also announced that ConAgra Foods would be renamed Conagra Brands when they moved HQ to Chicago in 2016. The Plaintiff shall recover its costs on appeal. At the same time, ConAgra Foods changed their name to ConAgra Brands, complete with a brand new logo. At that time, both the USDA and Conagra decided in favor of a consumer advisory and against a recall. [34] The organization's goal was to oppose the California citizen's initiative, known as Proposition 37, demanding mandatory labeling of foods containing genetically modified ingredients. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. Horizon Milling G.P. Who owns ConAgra Foods? Learn more about our iconic and emerging food brands. After researching new uses for its flour, NCM funded the establishment of the Duncan Hines brand of cake mixes in 1951 as a way to market more flour. The 1970s brought the company to the brink of ruin as it lost money expanding into the fertilizer, catfish, and pet product industries and as commodity speculation wiped out ConAgra's margins on raw foods. "When I first heard it, I was a little surprised. Through the program, the company cleaned up a property previously used for lithium ore processing and constructed a new 80,000-square-foot (7,000 m2) office/warehouse building. Four workers were killed while 67 others â€“ including three firefighters – were hospitalized for burns and exposure to ammonia gases. Public interest groups criticized Conagra for the delay in issuing the recall, a decision which Conagra defended by saying the recall was a precaution. Conagra Brands is an Affirmative Action and Equal Opportunity Employer. Chang's, Chef Boyardee, Home Menu and Bertolli ready meals. A 2006 report by Ceres, a non-profit organization that works to address global climate change and other sustainability issues, entitled "Corporate Governance and Climate Change: Making the Connection", measures how 100 leading global companies are responding to global warming. Conagra also owns the Banquet, Healthy Choice and Alexia frozen brands, while Pinnacle owns Birds Eye, Van de Kamp's and Mrs. Paul's. 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