Luck's Incorporated

{{Short description|Food production company based in North Carolina, US}} {{coord|35.534736|-79.768514|type:landmark_region:US|display=title}}

{{Use mdy dates|date=August 2020}} {{Infobox company |name = Luck's, Incorporated |logo = Lucks logo.jpg |type = Subsidiary |foundation = 1947 (Seagrove, North Carolina, United States) |location = |key_people = Ivey B. Luck, Alfred Spencer and H. Clay Presnell |industry = Canned food |products = Luck's: Pinto Beans, Kidney Beans, Blackeye Peas, Fried Apples, Chicken Dumplings |parent = Faribault Foods |homepage = {{URL|https://www.lucksfoods.com}} }} '''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 households.<ref name="ConAgra">{{cite web | title=ConAgra Foods: Luck's | url=http://www.conagrafoods.com/consumer/brands/brand_info.jsp?cookietest=true&page=lucks | accessdate=2008-10-20 | archive-url=https://web.archive.org/web/20091217093646/http://www.conagrafoods.com/consumer/brands/brand_info.jsp?cookietest=true&page=lucks | archive-date=2009-12-17 | url-status=dead }}</ref> It is a brand of Faribault Foods, after a divestment by ConAgra in 2010.<ref name=":0">{{Cite web|last=|first=|date=|title=ConAgra Foods 2011 Annual Report|url=https://www.conagrabrands.com/sites/g/files/qyyrlu371/files/2016-10/2011-Annual-Report.pdf|access-date=2020-08-07|website=}}</ref>

== 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.<ref name=SeagroveArea>{{cite book | title=Seagrove Area | first=Dorothy and Walter | last=Auman |date=September 1976 | publisher=Village Printing Company }}</ref> 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.

== Merger and acquisition history ==

In 1967, Luck's merged with American Home Products.<ref>{{cite web | title=Luck's, Incorporated documents | publisher=SEC | author=International Home Foods | url=http://www.secinfo.com/dsvrp.96Tt.7.htm#1stPage | date=1996-12-27 | accessdate=2008-10-21 }}</ref> In 2000, the food interests of American Home Products, known as International Home Foods, were acquired by ConAgra Foods.<ref>{{cite press release | title=ConAgra to Acquire International Home Foods In $2.9 Billion Deal (Press release) | url=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/06-23-2000/0001250548&EDATE= | archive-url=https://web.archive.org/web/20081126215430/http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=%2Fwww%2Fstory%2F06-23-2000%2F0001250548&EDATE= | archive-date=2008-11-26 | date=2000-06-23 | accessdate=2019-09-10 | url-status=live }}</ref>

In 2010, the brand was sold to Arizona Canning Company, a subsidiary of La Costeña, for US$14 million.<ref>{{Cite web| title = Cannery buys 3rd brand, will increase operations| work = Inside Tucson Business| date = March 5, 2010| accessdate = 2019-06-09| url = https://www.insidetucsonbusiness.com/news/cannery-buys-rd-brand-will-increase-operations/article_30687eb2-4f9e-5d3b-a369-955c51078656.html}}</ref><ref name=":0" /> In 2014, La Costeña acquired Faribault Foods and merged Arizona Canning into Faribault.<ref>{{Cite web| last = Wichner| first = David| title = Tucson cannery to merge with Minneapolis company| work = Arizona Daily Star| date = August 2014| accessdate = 2019-06-09| url = https://tucson.com/business/local/tucson-cannery-to-merge-with-minneapolis-company/article_bb8875c5-962d-54f8-9c88-e9a22db654c7.html}}</ref>

== Headquarters and cannery ==

thumb|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.<ref>{{cite web | title=The H. Clay and Wavie M. Presnell Foundation | url=http://presnellfoundation.org/ | accessdate=2008-10-20 }}</ref>

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.<ref>{{cite web |title=Seagrove feeding the world, again |publisher=The Courier-Tribune |url=http://www.carolinacommunities.com/nws/seagrove0418.html | accessdate=2008-10-21 }}</ref>

Currently, some of the warehouse space is used for local community events.<ref>{{cite web | title=Celebration of Seagrove Potters: Location | url=http://www.celebrationofseagrovepotters.com/location.html | accessdate=2008-10-20 | archive-url=https://web.archive.org/web/20090206234352/http://celebrationofseagrovepotters.com/location.html | archive-date=2009-02-06 | url-status=usurped }}</ref>{{When|date=August 2020}}

== See also == * Seagrove, North Carolina

== References == <references/>

Category:Food product brands Category:Randolph County, North Carolina Category:Food manufacturers of the United States Category:Food and drink companies established in 1947 Category:Companies based in North Carolina Category:1947 establishments in North Carolina Category:1967 mergers and acquisitions