Profile: Seneca Foods Corp (SENEA.O)

SENEA.O on Nasdaq

30.30USD
2 Sep 2014
Price Change (% chg)

$0.13 (+0.43%)
Prev Close
$30.17
Open
$30.13
Day's High
$30.30
Day's Low
$30.13
Volume
1,125
Avg. Vol
17,086
52-wk High
$34.35
52-wk Low
$27.46

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Seneca Foods Corporation, incorporated on August 17, 1949, is a producer and distributor of processed fruits and vegetables. The Company's product offerings include canned, frozen and bottled produce and snack chips. The Company has two segments: processing and sale of fruits and vegetables and processing and sale of chip products. These two segments constitute the food operation. As of March 31, 2013, the food operation constituted 98% of total sales, of which approximately 69% was canned vegetable processing, 19% was canned fruit processing, 11% was frozen fruit and vegetable processing and 1% was fruit chip processing. The Company packs Green Giant, Le Sueur and other brands of canned vegetables, as well as select Green Giant frozen vegetables for General Mills Operations, LLC (GMOL). In January 2013, the Company acquired Independent Foods, LLC. In April 2014, Seneca Foods Corporation acquired 50% interest inTruitt Bros., Inc.,

As of March 31, 2013, the Company's facilities consisted of 22 processing plants located throughout the United States, two can manufacturing plants, two seed processing operations, a small farming operation and a limited logistical support network. The Company also maintains warehouses, which are located adjacent to its processing plants. The products are sold nationwide by grocery outlets, including supermarkets, merchandisers, limited assortment stores, club stores and dollar stores.

Products are sold to food service distributors, industrial markets, other food processors, export customers in 80 countries and federal, state and local governments for school and other feeding programs. Food processing operations are primarily supported by plant locations in New York, California, Wisconsin, Washington, Idaho, Illinois, and Minnesota. The Company’s products are sold under private label, as well as national and regional brands that the Company owns or licenses, including Seneca, Libby's, Aunt Nellie's Farm Kitchen, Stokely's, Read, Taste of the West, Cimarron, and Tendersweet.

Company Address

Seneca Foods Corp

3736 S Main St
MARION   NY   14505-9751
P: +1315.9268100
F: +1315.9268300

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