Hormel Foods Corporation broke ground July 25 on a new production facility in Dubuque IA. Progressive Packaging LLC will be operated as a wholly owned subsidiary of Hormel Foods. Total cost of the project is estimated at $89 million.
"Iowa has been at the center of feeding this country and the world for more than a century, and we look forward to continuing our partnership with the people of Iowa to deliver great-tasting, nutritious meals to consumers throughout our system," said Jeffrey M. Ettinger, chairman of the board, president, and chief executive officer of Hormel Foods.
The plant is expected to be operational by November 2009. Initially, a total of 180 new jobs will be created with more expected in future phases.
Hormel Foods Corporation, based in Austin MN, is a multinational manufacturer and marketer of consumer-branded food and meat products.