Hormel Claims It Has Kept COVID-19 Infections Below 3% at One Facility
As meatpacking plants across the United States continue to be epicenters for local coronavirus outbreaks, Hormel Foods (NYSE: HRL) claims it may have found a fairly successfully formula for fighting the virus' spread in its facilities. The initiative, dubbed "Keep COVID Out," is said to have limited infections at the company's Austin, Minnesota, plant to 50 people out of a workforce of approximately 1,800 thus far -- around 2.7%.
The figure represents a massive difference compared to other meatpackers' experiences. In one recent example, the coronavirus infected 22%, or 555, of the workers at Tyson Foods' (NYSE: TSN) Storm Lake, Iowa, plant. Crowded working conditions at meatpacking facilities, combined with low temperatures that ease the virus' spread and survival, are likely major factors in such outbreaks.
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Source Fool.com
