Seneca Foods Corp - Company Profile
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Seneca Foods Corp (Seneca) produces, distributes, and markets vegetables, packaged fruits, beans, canned, frozen and bottled products, and snack chips. The company provides services including food processing, distribution, private label and contract packaging, logistics and transportation, can manufacturing, and stringent food safety and quality assurance. It markets products under private labels and national and regional brands including Seneca, Libby's, Green Valley, Green Giant, Aunt Nellie's, READ and Cherryman. Seneca markets products to grocery outlets including supermarkets, mass merchandisers, limited assortment stores, club stores and dollar stores and food service distributors, industrial markets, restaurants chains, other food processors and export customers. The company also supplies its products to federal government, state and local government schools and food programs. Seneca is headquartered in Fairport, New York, the US.
Headquarters
United States of America
Address
3736 S Main St, Marion, New York, 14505
Website
www.senecafoods.com
Telephone
1 315 9268100
No of Employees
2,885
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
SENEA (NASD)
Revenue (2024)
$1.6B
8.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-34.9%
(2024 vs 2023)
Market Cap*
$1.2B
Net Profit Margin (2024)
XYZ
-39.9%
(2024 vs 2023)
* As of and is in US$
Seneca Foods Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Vegetables | Food Processing | Seneca |
| Vegetable Blends | Food Distribution | Libby's |
| Beans | Private Label and Contract Packaging | Green Valley |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In November, the company acquired the Green Giant U.S. shelf-stable vegetable product line of B&G Foods, Inc. |
| 2020 | Contracts/Agreements | In February, the company and CraftAg Enterprises announced the formation of joint venture, CraftAg, LLC. |
| 2019 | Acquisitions/Mergers/Takeovers | In July, the company acquired Paradise’s fruit business in Plant City, Florida, the US. |
Competitor Comparison
| Key Parameters | Seneca Foods Corp | Fresh Del Monte Produce Inc | TreeHouse Foods Inc | The Hain Celestial Group Inc | John B. Sanfilippo & Son Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Marion | George Town | Oak Brook | Hoboken | Elgin |
| State/Province | New York | Florida | Illinois | New Jersey | Illinois |
| No. of Employees | 2,885 | 7,499 | 7,400 | 2,600 | 1,900 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paul L. Palmby | Chief Executive Officer; President | Senior Management | 2020 | 62 |
| Michael S. Wolcott | Chief Financial Officer; Senior Vice President; Treasurer | Senior Management | 2023 | 31 |
| Carl A. Cichetti | Senior Vice President - Technology and Planning; Chief Information Officer | Senior Management | 2009 | - |
| Kraig H. Kayser | Chairman | Non Executive Board | 2021 | 64 |
| Matt J. Henschler | Senior Vice President - Technical Services and Contract Manufacturing | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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