February 21, 2026 - 00:34

In a strategic shift reflecting broader industry challenges, Hormel Foods has divested its whole turkey business to Life-Science Innovations, another Minnesota-based agricultural company. The move underscores the pressures facing poultry producers from waning consumer demand for whole birds and unpredictable commodity costs.
While Hormel is exiting the whole-bird market, it will retain its prominent Jennie-O Turkey Store brand, which focuses on value-added products like ground turkey, sausages, and deli meats. This segment aligns more closely with modern consumer preferences for convenience.
The buyer, Life-Science Innovations, is no stranger to the sector, already operating several bird production facilities across Minnesota. The acquisition expands its footprint in the state's agricultural economy. Industry analysts view Hormel's decision as a streamlining effort to concentrate resources on its more profitable, branded product lines amidst a difficult operating environment. The financial terms of the transaction between the two private companies were not disclosed.
July 7, 2026 - 17:45
Firefighters on scene of large fire at scrap metal recycling business near New CarlisleFire crews are currently on the scene of a significant fire at a scrap metal recycling facility near New Carlisle. The blaze is burning at the OmniSource location on Smilax Road, where heavy smoke...
July 7, 2026 - 01:48
'It's gone,' business owner heartbroken after storm destroys building, damages AbileneA powerful storm tore through Abilene late Tuesday, leaving a local business owner in shock after the building that housed years of hard work was reduced to rubble. The owner, who spoke with...
July 6, 2026 - 09:07
BUSINESS BRIEFS July 6, 2026: Business news in the Berkshires and beyondThe Du Bois Freedom Center in Great Barrington has announced a new partnership with a regional arts council to launch a youth entrepreneurship program focused on preserving African American...
July 5, 2026 - 21:58
South DeKalb Sees Renewed Investment as Business Leaders and Advocates Place Their BetsA new tax allocation district grant is breathing life into the Memorial Drive corridor in DeKalb County, following the closure of the Belvedere Plaza Kroger last year. The grocery store`s departure...