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Hillshire Farm is an American brand of meat products marketed and owned by Hillshire Brands. The company was founded in 1934, and was purchased by Sara Lee Corporation in 1971. Friedrich (Fritz) Bernegger, (February 2, 1904 – April 30, 1988) born in Austria , started the business at the facility in New London, Wisconsin .
It annually exports the largest percentage of beef out of the United States. Together with its subsidiaries, it operates major food brands, including Jimmy Dean, Hillshire Farm, Ball Park, Wright Brand, Aidells, and State Fair. [3] Tyson Foods ranked No. 79 in the 2020 Fortune 500 list of the largest United States corporations by total revenue. [4]
The Hillshire Brands Company was an American food company based in Chicago, Illinois. Prior to its acquisition by Tyson Foods , the company employed over 9,000 people and generated nearly $4 billion in annual sales.
Hillshire Farm has recalled over 15,000 pounds of Smoked Sausage Made With Pork, Turkey, Beef over possible contamination with “extraneous materials,” or bone fragments.
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The successor company, Hillshire Brands, re-located its headquarters from Downers Grove to Chicago in 2012. [20] In 2014, Hillshire, along with the Sara Lee operations, was acquired by Tyson Foods. [21] On June 1, 2018, Tyson announced that it would sell the Sara Lee, Van's, Chef Pierre and Bistro Collection brands to Kohlberg & Company. [22]
Hillshire Farms is a fine company, but salami and sausage aren't typically known as high-margin products. Let's look at the possible reasons that Tyson is ponying up so much for its fellow foodie ...