Hanover Foods Corporation
HNFSA
Other OTC50.00
USD
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Hanover Foods Corporation
HNFSA
(Other OTC)
Recent
price
50.00
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Hanover Foods Corporation (HNFSA) engages in the growing, processing, packaging, marketing, and distribution of canned and frozen food products, including baked beans, canned beans, canned blends, canned vegetables, frozen vegetables, frozen blends, kosher products, pork and beans, soft pretzels, soups, salads, broths, and tomatoes; the company also offers refrigerated fresh items, glass-packed products, mashed sides, and snack foods such as potato chips under brands including Hanover, Aunt Kitty's Foods, Castleberry's, John Cope's, Bickel's Snack Foods, Wege Pretzels, and Spring Glen Fresh Foods. Founded in 1924 as Hanover Canning Company by Harry Virgil Warehime and headquartered in Hanover, Pennsylvania, the company operates facilities across the United States, including key sites in Pennsylvania and Delaware where it contracts with local farmers, notably contributing to Delaware's position as the top U.S. producer of lima beans. In recent developments, Hanover Foods received a $5 million Delaware Modernization Investment Support Initiative grant in 2024 to upgrade its Clayton, Delaware facility with modern drying, freezing infrastructure, and harvesting equipment, marking its centennial year and supporting operational expansion; the company maintains approximately 2,205 employees and focuses on foodservice, retail, and consumer markets with an emphasis on gluten-free, low-sodium, and trans-fat-free options.
Hanover Foods (OTC:HNFSA) Shares Up 15.6% – What’s Next?