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Thursday, November 26th, 2009

ConAgra Foods Donates $10M to Fight Hunger

October 4, 2009 by Stephen Kersey  
Filed under Business

ConAgra Foods Donates $10M to Fight Hunger

The ConAgra Foods Foundation recently announced that it will donate $10 million to fight child hunger. The foundation will work with Feeding America, an organization that feeds nin million hungry children each year.
“The leadership of the ConAgra Foods Foundation in the fight against domestic child hunger is exceptional and impactful,” said Feeding America’s President and CEO Vicki Escarra. “We are so grateful for this new $10 million commitment, which will help us immensely in the fight against childhood hunger.”
The $10 million donation is said to be the largest donation to Feeding America specifically aimed at combating child hunger. Since 1993, …read more

Insurance to Cover Slim Jim Explosion?

June 18, 2009 by Stephen Kersey  
Filed under Business

Insurance to Cover Slim Jim Explosion?

ConAgra Foods, the company that owns the North Carolina Slim Jim plant where there was a recent explosion, said that insurance will likely cover all related costs caused by the disaster. As a result, the company says that the explosion won’t have much of an impact on their financial reports.
In the Slim Jim explosion, there were 41 casualties — 38 injuries and three deaths. Multiple investigations into the disaster indicated that flammable gas released by a contractor likely caused the explosion.
In a filing with the SEC, ConAgra Foods had this to say: “The company maintains comprehensive property and general liability …read more


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