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MINNESOTA NEWS ROUND-UP: Hormel reports record earnings for 2013

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AUSTIN, Minn. - Hormel Foods earned a record $8.8 billion in 2013, up six percent from the previous year. 

CEO Jeffrey Ettinger shared highlights with shareholders last night at Austin High School and says credits some of the success to new product launches and the acquisition of Skippy Peanut Butter.  The Jennie-O Turkey Store saw profits decrease seven percent, and Ettinger says that's partly because they marketed less aggressively.

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