Hormel Foods Corp. (NYSE:HRL) has marked July 5 as the 85th anniversary of the introduction of the Spam brand of canned pork.
In The Beginning: Spam was introduced on July 5, 1937, consisting of six ingredients – pork with ham, salt, water, potato starch, sugar, sodium nitrite – and marketed with the goal of introducing a low-cost canned product with an extended shelf life. The product’s name was picked in a contest, with Ken Daigneau, a brother of a Hormel executive, winning $100 for his creativity.
