CONAGRA BRANDS INC. 8-K 2009
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
ConAgra Foods, Inc.
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Item 8.01 Other Events.
On Tuesday, June 9, 2009, an accidental explosion occurred at a ConAgra Foods, Inc. manufacturing facility in Garner, N.C. This facility was the primary production facility for the company’s Slim Jim branded meat snacks and the packaging area of the plant is expected to be out of service for the foreseeable future. Annual revenues for Slim Jim branded products have approximated $200 million in recent years. From the date of the explosion until June 13, 2009, the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (the "ATF") was in effective control of the facility as it conducted its investigation. On June 13, 2009, the ATF announced its determination that the explosion was the result of an accidental natural gas release, and not a deliberate act. At the time of the explosion, a new natural gas fired hot water system was being installed by a third party at the facility. In order to allow the ATF to complete its report on the accident in due course, the company does not plan to make further statements regarding the additional detail expected to be in the final ATF report until such time as the report is completed and available to the company. In cooperation with a number of federal and local agencies and with the assistance of independent experts, the company has begun its own investigation into the accident.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.