Hormel Foods Corporation
A maker of shelf-stable and refrigerated foods, Hormel Foods brands include SPAM, Planters peanuts, Skippy peanut butter, and Jennie-O turkey, sold through grocery stores, restaurants, and outlets abroad. Founder George A. Hormel opened its first meat-packing plant in Austin, Minnesota in 1891. The famous name "SPAM" was picked in a New Year's Eve naming contest in 1937 — the company still jokes that its true meaning is known only to a few former executives and "probably Nostradamus."