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ConAgra Foods

Provides packaged foods and products to consumers and restaurants.

Headquarters:
One Conagra Drive
Omaha, NE 68102
Employees: 32,800
CEO: Gary Rodkin
Stock Symbol: CAG

Website: http://www.conagrafoods.com

Career Site

ConAgra Foods is one of North America's largest packaged food companies, selling food to consumers, restaurants and other food establishments. The company sells frozen foods, refrigerated goods and shelf items. Products from ConAgra are found in 99% of U.S. households.

ConAgra Foods reports its operations in three segments: Consumer Foods, Private Brands and Commercial Foods.

The Consumer Foods segment makes and sells leading branded to retail and foodservice channels, principally in North America.Among the popular consumer brands are Banquet, Blue Bonnet, Chef Boyardee, Crunch ’n Munch, DAVID, Egg Beaters, Fleischmann’s, Healthy Choice, Hebrew National, Hunt’s, Kid Cuisine, La Choy, Lightlife, Manwich, Marie Callender’s, Orville Redenbacher’s, PAM, Parkay, Peter Pan, Reddi-wip, Rosarita, Ro*Tel, Slim Jim, Snack Pack, Swiss Miss, Wesson.

The Private Brands segment makes private branded foods for retailers to sell under their own brand names. ConAgra Foods is the largest private brand packaged food business in North America.

The Commercial Foods segment supplies frozen potato and sweet potato products as well as other vegetable, spice, and bakery products to a variety of well-known restaurants, foodservice operators and commercial customers.

In fiscal 2014, ConAgra reported revenues of $17.7 billion, up 14.8% from the previous year. Net income was $315.1 million.

29 consumer brands of ConAgra generate more than $100 million in retail sales each year.

Wal-Mart is the largest customer of ConAgra and responsible for 17% of the company's total sales.

History

ConAgra's origins began in 1867 when it sold its first bag of flour in Nebraska. The company was founded in 1919 by Alva Kinney, who brought together four grain mills as Nebraska Consolidated Mills.

In 1971, the company changed its name from Consolidated Mills to ConAgra.

ConAgra Foods acquired Ralcorp, the largest manufacturer of private label food in the U.S., for $6.8 billion in cash in 2012.

Benefits

ConAgra offers a comprehensive benefits package, including: medical, dental, vision, disability, life insurance, pretax spending accounts, pension plans, 401(k) and a stock purchase plan.

Other perks include:

# Tuition reimbursement
# Company stores
# On-site fitness facilities and classes
# On-site cafeterias
# Summer hours (Office locations close at 1 p.m. Memorial Day through Labor Day.)
# 15 days of paid vacation annually
# Services for new parents
# Paternity leave
# Adoption assistance
# Same-sex/domestic partner benefits
# Volunteer opportunities
# Free parking

Updated November 7, 2014