CAMDEN, N.J., Sep 01, 2005 (BUSINESS WIRE) — Campbell Soup Company (NYSE:CPB) announced today it will contribute more than $2 million of food products, including soup, beverages and baked snacks, to the Hurricane Katrina relief efforts. Campbell will also match employee contributions dollar for dollar made to the disaster relief assistance up to a total of $150,000. Additionally, the Campbell Soup Foundation will make a donation of $25,000.
“Campbell Soup Company and its employees are eager to help. We hope that the food products that we are donating will help provide some comfort and nourishment to the victims of this disaster,” said Douglas R. Conant, Campbell’s President and CEO. “While all of our Campbell employees in the region are safe, our sympathies go out to all of those who have been so tragically affected.”
Campbell will coordinate its product donations through America’s Second Harvest food bank, which is working directly with the American Red Cross, the Salvation Army and other relief agencies in the affected areas. The company’s matching funds will be directed to the American Red Cross’ Katrina Relief Fund.
Campbell will be sending cases of Campbell’s(R) condensed soup, Campbell’s(R) ready-to-serve soup, V8(R) beverages and Pepperidge Farm products. The food will help feed the victims of Hurricane Katrina, including those who are being relocated from New Orleans’ Superdome to Houston’s Astrodome. Campbell will also be working closely with its retail teams and retail partners to identify additional opportunities to help transport the donations.
Earlier this year, Campbell Soup Company, its foundation and employees, provided $635,000 to the victims of the Asian tsunami. Campbell is also an active partner with America’s Second Harvest in the effort to fight hunger.
Campbell Soup Company is a global manufacturer and marketer of high quality soup, sauces, beverage, biscuits, confectionery and prepared food products. The Company is 136 years old, with nearly $7.1 billion in annual sales and a portfolio of more than 20 market-leading brands. For more information on the company, visit Campbell’s website on the Internet at www.campbellsoup.com.
SOURCE: Campbell Soup Company
Campbell Soup Company Beth Jolly, 856-968-4301 [email protected]