Conagra Brands, Inc.
Conagra Brands, Inc.
Industry
About Conagra Brands, Inc.
Conagra Brands, Inc. is a leading American consumer packaged goods company headquartered in Chicago, Illinois. With a rich heritage spanning over a century, Conagra has evolved into a dynamic organization that combines a deep-rooted history in food production with a modern approach to innovation and consumer engagement.
The company operates through four primary segments:
- Grocery & Snacks: This segment offers a diverse range of shelf-stable food products, including snacks, condiments, and other pantry staples.
- Refrigerated & Frozen: Conagra provides a variety of temperature-controlled food items, such as frozen meals, desserts, and refrigerated snacks, catering to consumers seeking convenience without compromising on quality.
- International: Extending its reach beyond the United States, Conagra offers food products in various temperature states through retail and foodservice channels outside of the U.S., including operations in Canada, Mexico, China, Panama, and the Philippines.
- Foodservice: This segment delivers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products, packaged for restaurants and other foodservice establishments.
Conagra's portfolio boasts a wide array of iconic brands that have become household names, such as:
- Birds Eye®: Renowned for its frozen vegetables and meals, offering convenient and nutritious options.
- Marie Callender's®: Famous for its frozen dinners and desserts, providing comforting and hearty meals.
- Duncan Hines®: A trusted name in baking mixes and frostings, enabling home bakers to create delicious treats.
- Healthy Choice®: Offering a range of frozen meals and snacks designed for health-conscious consumers.
- Slim Jim®: A popular brand of meat snacks, known for its bold flavors and convenient packaging.
- Reddi-wip®: A leading brand of whipped topping, enhancing desserts and beverages with its creamy texture.
- Angie's® BOOMCHICKAPOP®: A line of ready-to-eat popcorn, celebrated for its simple ingredients and great taste.
- Hebrew National®: Offering premium hot dogs and deli meats, known for their quality and taste.
- Chef Boyardee®: A classic brand providing canned pasta products, offering convenient meal solutions.
In recent developments, Conagra has been exploring strategic options for some of its brands. Notably, in December 2024, the company engaged investment bank Centerview Partners to assess interest in selling its Chef Boyardee brand, which could be valued at over $500 million. This move aligns with Conagra's strategy to focus on core products and divest from low-growth businesses.
Conagra's commitment to innovation is evident in its continuous efforts to modernize its iconic food brands, adapt to changing consumer preferences, and drive shareholder value. The company operates 42 manufacturing facilities across North America and employs approximately 18,600 people.
In addition to its U.S. operations, Conagra has a significant international presence. The company has ownership interests in manufacturing facilities in Bangladesh, Sri Lanka, India, and Mexico, and operates sales offices in China, Panama, and the Philippines.
Headquarters and Locations
Conagra's corporate headquarters are located at 222 W Merchandise Mart Plaza, Suite 1300, Chicago, Illinois, 60654-1103.
The company also has multiple operational locations including:
- Fayetteville, Arkansas: Home to a manufacturing facility at 1100 W 15th St, Fayetteville, AR 72701.
- Indianapolis, Indiana: Hosts two facilities:
- A bakery plant at 7579 Georgetown Road, Indianapolis, IN 46268.
- A Reddi-Wip and tablespreads plant at 4300 W 62nd St., Indianapolis, IN 46268.
International Presence
- Manufacturing facilities in Bangladesh, Sri Lanka, India, and Mexico.
- Sales offices in China, Panama, and the Philippines.
Through its diverse brand portfolio, strategic initiatives, and commitment to innovation, Conagra Brands continues to be a significant player in the food industry, delivering quality products to consumers worldwide.