Planters Peanut Butter was founded in 1906 in Wilkes-Barre, Pennsylvania by Amedeo Obici. Each year, Planters Peanut butter produces 612.4 million units which contributes $2.3 billion to the US economy.
Consumers ask about Planters Peanut butter: “Where is Planters Peanut Butter made?”
Here is a short answer to where is Planters peanut butter made:
Planters Peanut butter is predominantly made in the 42-acre Suffolk, Virginia factory.
In 1994, Suffolk City officials became thrilled as Planters announced their 42-acre factory would be built here.
Planters opened their Suffolk-based factory for $35 million. However, Planters’ other featured factory is located in Fort Smith, Arkansas.
Is Planters peanut butter made in America?
Yes, Planters Peanut butter is made in America.
Planters Peanut butter is one of the best peanut butter companies in the US. They produce 612.4 million units each year.
The production authority of Planters Peanut butter makes their huge demand in two manufacturing plants. Both of them are located in the USA.
A vast portion of Planters Peanut butter is produced in the Suffolk factory. They produce peanuts, almonds, cashews, filberts, trail mixes, and pistachios in their Suffolk factory. The rest of the products of Planters Peanuts are produced in the Fort Smith factory.
Related Read: Where is Skippy Peanut Butter Made
Who owns Planters peanuts?
Hormel Foods is the parent company of Planters Peanut butter.
In 1891, Hormel Foods Corporation was founded. It is one of the largest food processing companies in America. In 2019, Hormel Foods generated a revenue of $9.497 billion.
As a subsidiary of Hormel Foods, Planters Peanut butter contributes a lot. In 2020, Planters Peanut contributed $1 billion to the sales revenue of its parent company. They are expected to grow at Hormel’s long-term organic growth target.
In short, Hormel Foods Corporation is the proud owner of Planters Peanuts.
Where do the peanuts in Planters peanut butter come from?
The raw peanuts of Planters Peanut come from Georgia, Virginia, Oklahoma, the Carolinas, and Texas.
Planters Peanut generally harvests and collects their raw peanuts in the United States. They harvest their raw peanuts in the major cities of the United States.
Sometimes, Planters Peanut imports some of its raw ingredients from numerous countries. For example, they import cashews from India, filberts from Turkey, and pistachios from California.
After collecting these raw peanuts, they follow the strict guidelines of Hormel Foods. Peanut processing and filling are done in Suffolk and Arkansas-based factories. These factories are 575,000 square feet large in total size.
That means Planters Peanut processes its raw peanuts in about the size of 10 football fields!
After processing and packaging, the finished peanut jar is marketed worldwide. Being one of the best peanut butter producers, Planters has a great demand in the US market.
Hence, the raw peanuts of Planters Peanut butter prominently come from numerous cities in the United States. Some of its ingredients are imported overseas.
How much does Planters peanut butter cost?
The current national average price of peanut butter is $2.48 per pound. Planters Creamy Peanut butter in a 28 oz jar will cost you $5.62. Compared with other brands, Planters Peanut butter is not expensive.
On Amazon, Planters’ best seller items are:
- Planters Deluxe Lightly Salted Whole Cashews
- Planters Salted Cocktail Peanuts of 35 oz.
These products come with a reasonable price tag. They strictly follow steady market prices. You can check Amazon or other online marketplaces to discover Planters’ updated prices.
Where can I buy Planters peanut butter?
Planters Peanut butter is widely available in superstores and online marketplace. You can easily find Planters peanut butter in your nearest super shop. Besides, Planters’ products are available on numerous online marketplaces.
For easy shopping, you can order Planters peanut butter on:
While online shopping, you may prefer Amazon as it offers authentic products for a reasonable price. Sometimes, Amazon offers seasonal discounts. You can also use Amazon affiliate promotional codes on their platforms to get a discount.
How long does Planters peanut butter last?
Once opened, Planters Peanut butter can last 2-3 months. If you refrigerate well, the peanut butter can last more. In an unopened condition, Planters peanut butter can last 6-24 months. Make sure the expiration date is before purchase.
After the expiration date, peanut butter will slowly develop off-flavors of rancid nuts. If your peanut butter is stored in the fridge, it can stay fine even a few months past the date on the package.
If you notice a change in texture to dry and hard, it’s not good to eat peanut butter. If you notice changes in aroma, loss of aroma, and sour or bitter taste, your peanut butter has gone bad.
Who makes Planters peanut butter?
Hormel Food Corporation makes Planters Peanut butter.
According to a CNBC report, Hormel Food Corporation acquired Planters Peanut Butter for $3.35 billion. The transaction included most Planters products and Corn Nuts brand.
After purchasing Planters Peanut butter, the CEO of Hormel Food announced that the acquisition broadens its scope for future deals in the snacking category. They have typically added another $1 billion business in their portfolio.
Is Planters peanut butter going out of business?
Yes, Planters Peanut butter is no longer made by Kraft Heinz. All of their products have been sold to Hormel Food Corporation for $3.35 billion. Currently, Planters Peanut Butter is made by Hormel Food Corporation.
This giant transaction of $3.35 billion occurs in 2021. Since then, Planters Peanut butter has gone out of business. However, Hormel Food Corporation is running its $1 billion business of peanut butter worldwide.