Houston, Texas
 
93,000
 
Owned
 
 
 
 
Knoxville, Iowa
 
130,000
 
Owned
 
 
 
 
Osceola, Iowa
 
334,000
 
Owned
 
 
 
 
Quakertown, Pennsylvania
 
13,000
 
Owned
 
 
 
 
Rochelle, Illinois
 
440,000
 
Owned
 
 
 
 
Sparta, Wisconsin
 
185,000
 
Owned
 
 
 
 
Stockton, California
 
139,000
 
Owned
 
 
 
 
Tucker, Georgia
 
259,000
 
Owned
 
 
 
 
Wichita, Kansas
 
80,000
 
Owned
 
 
 
Warehouse/Distribution Centers
 
 
 
 
 
 
 
 
Austin, Minnesota—Annex
 
83,000
 
Owned
 
 
 
 
Dayton, Ohio
 
140,000
 
Owned
 
 
 
 
Eldridge, Iowa
 
280,000
 
Leased
 
October, 2005
 
 
Osceola, Iowa
 
233,000
 
Owned
 
 
 
 
Stockton, California
 
232,000
 
Leased
 
July, 2004
 
 
Tucker, Georgia
 
96,000
 
Leased
 
October, 2004
 
Research and Development Center
 
 
 
 
 
 
 
 
Austin, Minnesota
 
59,000
 
Owned
 
 
 
Corporate Offices
 
 
 
 
 
 
 
 
Austin, Minnesota
 
203,000
 
Owned
 
 
Dan's Prize, Inc.
 
 
 
 
 
 
 
 
Browerville, Minnesota—Plant
 
52,000
 
Owned
 
 
 
 
Long Prairie, Minnesota—Plant
 
80,000
 
Owned
 
 
Jennie-O Turkey Store, Inc.
 
 
 
 
 
 
 
Plants
 
 
 
 
 
 
 
 
Barron, Wisconsin
 
372,000
 
Owned
 
 
 
 
Faribault, Minnesota
 
169,000
 
Owned
 
 
 
 
Marshall, Minnesota
 
142,000
 
Owned
 
 
 
 
Melrose, Minnesota
 
124,000
 
Owned
 
 
 
 
Montevideo, Minnesota
 
85,000
 
Owned
 
 
 
 
Pelican Rapids, Minnesota
 
242,000
 
Owned
 
 
 
 
Willmar, Minnesota
 
419,000
 
Owned
 
 
 
*
Acres
Many of these properties are not exclusive to any one of the Company's segments and a few of the properties are utilized in all five segments of the
Company. The Company has renovation or building projects in progress at Austin, Minnesota; Fremont, Nebraska; Rochelle, Illinois; Osceola, Iowa; Los
Animas, Colorado; and at various JOTS locations. The Company believes its operating facilities are well maintained and suitable for current production
volumes and all volumes anticipated in the foreseeable future.
 
 
 
 
Item 3.    
LEGAL PROCEEDINGS
The Company knows of no pending material legal proceedings.
 
 
 
 
Item 4.    
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
No matters were submitted to shareholders during the fourth quarter of the 2003 fiscal year.
 
 
 
 
 
PART II 
 
 
 
 
Item 5. 
MARKET FOR THE REGISTRANT'S COMMON STOCK AND RELATED STOCKHOLDER MATTERS
The high and low closing price of the Company's Common Stock and the dividends per share declared for each fiscal quarter of 2003 and 2002,
respectively, are shown below: