Luck's Incorporated

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]

Luck's, Incorporated
Subsidiary
IndustryCanned food
Founded1947 (Seagrove, North Carolina, North Carolina, USA)
Headquarters
Seagrove 
,
United States of America 
Key people
Ivey B. Luck, Alfred Spencer & H. Clay Presnell
ProductsLuck's: Pinto Beans, Kidney Beans, Blackeye Peas, Fried Apples, Chicken Dumplings
ParentFaribault Foods
Websitewww.lucksfoods.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][2] In 2014, La Costeña acquired Faribault Foods and merged Arizona Canning into Faribault.[7]

Luck's Headquarters and Cannery
Luck's Cannery in Seagrove

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]

gollark: You mean "paid for by someone else".
gollark: I don't get any push notifications except for direct text messages (and actually not even those now), it's great!
gollark: You can just ignore those.
gollark: You could theoretically do that with different structures to ~~companies~~ companies etc. in a market economy.
gollark: I mean, more like "without large-scale coordination mechanisms and specialization".

See also

References
  1. "ConAgra Foods: Luck's". Archived from the original on December 17, 2009. Retrieved October 20, 2008.
  2. "ConAgra Foods 2011 Annual Report" (PDF). Retrieved August 7, 2020.
  3. Auman, Dorothy and Walter (September 1976). Seagrove Area. Village Printing Company.
  4. International Home Foods (December 27, 1996). "Luck's, Incorporated documents". SEC. Retrieved October 21, 2008.
  5. "ConAgra to Acquire International Home Foods In $2.9 Billion Deal (Press release)". June 23, 2000. Archived from the original on November 26, 2008. Retrieved September 10, 2019.
  6. "Cannery buys 3rd brand, will increase operations". Inside Tucson Business. Retrieved June 9, 2019.
  7. Wichner, David. "Tucson cannery to merge with Minneapolis company". Arizona Daily Star. Retrieved June 9, 2019.
  8. "The H. Clay and Wavie M. Presnell Foundation". Retrieved October 20, 2008.
  9. "Seagrove feeding the world, again". The Courier-Tribune. Retrieved October 21, 2008.
  10. "Celebration of Seagrove Potters: Location". Archived from the original on February 6, 2009. Retrieved October 20, 2008.


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