ConAgra Foods Inc.
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ConAgra Foods Inc.
Conagra Brands, Inc. (formerly ConAgra Foods) is an American Fast-moving consumer goods, consumer packaged goods holding company headquartered in Chicago, Illinois. Conagra makes and sells products under various brand names that are available in supermarkets, restaurants, and food service establishments. Based on its 2021 revenue, the company ranked 331st on the 2022 Fortune 500, ''Fortune'' 500. History 1919–1949: Founding and early history Conagra was founded in September 1919 as Nebraska Consolidated Mills (NCM) by Alva Kinney. The company was a conglomerate of four Dry milling and fractionation of grain, grain milling companies headquartered in Grand Island, Nebraska, Grand Island, Nebraska. The company moved its headquarters to Omaha, Nebraska, in 1922 following the purchase of Updike Mill. That year, NCM posted a profit of $175,000, its first profit since its founding. In 1941, the company opened a mill in Decatur, Alabama, Decatur, Alabama. It was NCM's first plant o ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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