Hanover Foods Corporation

Hanover Foods Corporation

HNFSB
Hanover Foods CorporationUS flagOther OTC
62.00
USD
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- -
13.31MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
John A. Warehime
Full Time Employees
2,205
Sector
Consumer Defensive
Industry
Packaged Foods
Address
PO Box 334 Hanover PA United States of America 17331
IPO Date
Jan 5, 2010
Business
Hanover Foods Corporation Hanover Foods Corporation processes, packages, and sells canned, frozen, and fresh vegetables, beans, soups, and related food products primarily to grocery retailers, foodservice operators, and consumers across the United States. Founded in 1924 as Hanover Canning Company by Harry Virgil Warehime and headquartered in Hanover, Pennsylvania, the company offers an extensive range of canned products including baked beans, pork and beans, potatoes, corn, tomatoes, chilis, soups, and broths with low-sodium, gluten-free, and trans-fat-free options; frozen products such as individual vegetables like peas, lima beans, edamame, green beans, sweet corn, sugar snap peas, butternut squash, broccoli, and cauliflower, along with blends, medleys, mashed sides, and pretzels; and specialty items like Drizzles White Cheddar Broccoli and Nashville Hot Honey Cauliflower. It sources produce from contracted farms in states including Delaware and Maryland, where it supports production of lima beans, corn, peas, and edamame, and operates facilities equipped for harvesting, drying, freezing, washing, sorting, and packaging to serve retail and restaurant supply channels. In recent developments, Hanover Foods received up to $1 million from Delaware's Modernization Investment Support Initiative in 2025 and a prior $5 million state grant to upgrade its Clayton, Delaware facility with modern drying, freezing infrastructure, and harvesting equipment, enhancing operational efficiency and averting potential closure risks while reinforcing its role in the U.S. lima bean industry; the company also marked its 100th anniversary in 2024, continuing as the largest independently-owned food processor in the eastern United States with no major acquisitions, partnerships, or reorganizations reported in the last two years.