Luck's Incorporated Explained

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Luck's, Incorporated
Type:Subsidiary
Foundation:1947 (Seagrove, North Carolina, North Carolina, USA)
Key People:Ivey B. Luck, Alfred Spencer & H. Clay Presnell
Industry:Canned food
Products:Luck's: Pinto Beans, Kidney Beans, Blackeye Peas, Fried Apples, Chicken Dumplings
Parent:Faribault Foods

Luck's Incorporated was a food production company founded in Seagrove, North Carolina, in 1947, which produced a line of canned bean and other canned food products. For a period of time, it was one of the largest employers in the area and its canned food products were a staple in many Southern homes.[1] It is a brand of Faribault Foods, after a divestment by ConAgra in 2010.[2] url=https://shantossekito.com/

History

The company was founded as the Mountain View Cannery in 1947 by Ivey B. Luck, Alfred Spencer & H. Clay Presnell. Spencer & Presnell later sold out to Luck and the establishment became known as Luck's.[3] Luck's specialized in pinto beans and other canned vegetables and food products, employed many Seagrove and surrounding area families, and was a major buyer of vegetable, fruit, and poultry farms in the Randolph County Area and from around the region. Luck's canned food products were sold across much of the Southeast during the 1950s and is still a popular brand today.

Merged and Acquired

In 1967, Luck's merged with American Home Products.[4] In 2000, the food interests of American Home Products, known as International Home Foods, were acquired by ConAgra Foods.[5]

In 2010, the brand was sold to Arizona Canning Company, a subsidiary of La Costeña, for US$14 million.[6] In 2014, La Costeña acquired Faribault Foods and merged Arizona Canning into Faribault.[7]

Luck's Headquarters and Cannery

The original company headquarters and cannery is located at 798 State Highway 705 in Seagrove, North Carolina. For a period of time Luck's also operated a cannery in Aberdeen, North Carolina.[8]

The Luck's cannery in Seagrove was closed by ConAgra in 2002. The location was reopened eight months later and operated by Seagrove Foods, Inc., a fully independent company.[9]

Currently, some of the warehouse space is used for local community events.[10]

See also

References

  1. Web site: ConAgra Foods: Luck's . 2008-10-20 . https://web.archive.org/web/20091217093646/http://www.conagrafoods.com/consumer/brands/brand_info.jsp?cookietest=true&page=lucks . 2009-12-17 . dead .
  2. Web site: ConAgra Foods 2011 Annual Report. 2020-08-07.
  3. Book: Auman, Dorothy and Walter . Seagrove Area . September 1976 . Village Printing Company .
  4. Web site: Luck's, Incorporated documents . SEC . International Home Foods . 1996-12-27 . 2008-10-21 .
  5. ConAgra to Acquire International Home Foods In $2.9 Billion Deal (Press release) . https://web.archive.org/web/20081126215430/http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=%2Fwww%2Fstory%2F06-23-2000%2F0001250548&EDATE= . 2008-11-26 . 2000-06-23 . 2019-09-10 . live .
  6. Web site: Cannery buys 3rd brand, will increase operations. Inside Tucson Business. March 5, 2010. 2019-06-09.
  7. Web site: Wichner. David. Tucson cannery to merge with Minneapolis company. Arizona Daily Star. August 2014. 2019-06-09.
  8. Web site: The H. Clay and Wavie M. Presnell Foundation . 2008-10-20 .
  9. Web site: Seagrove feeding the world, again . The Courier-Tribune . 2008-10-21 .
  10. Web site: Celebration of Seagrove Potters: Location . 2008-10-20 . https://web.archive.org/web/20090206234352/http://celebrationofseagrovepotters.com/location.html . 2009-02-06 . dead .

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