AUSTIN, Minn.--(BUSINESS WIRE)--Hormel Foods Corporation (NYSE:HRL) today announced as a result of its definitive agreement to acquire Applegate Farms, LLC, Steven J. Lykken and Eldon O. Quam will assume leadership roles with Applegate, based in Bridgewater, New Jersey. These advancements are contingent on the official closing of the acquisition. Lykken, senior vice president of commodity and supply chain at Jennie-O Turkey Store (Willmar, Minn.), has been named the chief operating officer of A
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