010912 Hormel Completes Sale of Equipment Company

Austin, MN - Hormel Foods Corporation has announced completion of the sale of its Algona Fabrication and Equipment Co. (AFECO) subsidiary in Algona, Iowa.

The company has sold AFECO, a food processing equipment manufacturer, to Cozzini Inc., Chicago, Ill., for an undisclosed amount. Cozzini manufactures a complete line of meat and food processing equipment.

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