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Hormel Foods to Raise Prices on Spam in Response to Economy
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Contributor | Gerald Farinas |
Last Edited | Gerald Farinas Apr 19, 2004 10:24pm |
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Category | News |
Media | News Service - Associated Press |
News Date | Monday, April 19, 2004 06:00:00 AM UTC0:0 |
Description | Hormel Foods to Raise Prices on Spam in Response to Economy
The Honolulu Advertiser
Hormel Foods Corp. plans to raise prices on Spam and hundreds of other packaged food items by 4.5 percent to 6.5 percent because of rising commodity prices and other costs, a spokeswoman said Monday night. Besides higher prices for commodities such as pork and beef, Craven said, Hormel was also trying to offset higher costs for transportation, packaging and medical benefits. |
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