Conagra Brands, headquartered in Chicago, employs 18,500 people and manufactures processed and packaged foods across various sectors, including grocery, snacks, refrigerated items, and foodservice products. The company focuses on branded and private label offerings in the U.S. and internationally.
CAG has been in the news recently: Whole Foods employees in Philadelphia successfully voted to unionize, with a tally of 130 to 100, marking a significant labor victory against Amazon's anti-union stance. Additionally, Smithfield Foods, a subsidiary of Conagra Brands, announced an IPO of over 26 million shares priced at $20 each, set to begin trading on Nasdaq under the ticker "SFD" on January 28, 2025.
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