USA - Illinois pork cooperative files Chapter 7 bankruptcy

A producer-owned pork processing cooperative in Illinois has announced it will file Chapter 7 bankruptcy. Assets will be liquidated, including the cooperative's 30-million dollar processing facility at Rantoul, Ill., in order to pay as many debts as possible according to a memo from the Meadowbrook board of directors. The cooperative was formed nine years ago with over 200 producer members.
Monday 9 March 2009 (8 years 11 months 11 days ago)
A producer-owned pork processing cooperative in Illinois has announced it will file Chapter 7 bankruptcy. Assets will be liquidated, including the cooperative's 30-million dollar processing facility at Rantoul, Ill., in order to pay as many debts as possible according to a memo from the Meadowbrook board of directors. The cooperative was formed nine years ago with over 200 producer members.

http://www.feedstuffs.com/ME2/dirmod.asp?sid=F4D1A9DFCD974EAD8CD5205E15C1CB42&nm=Breaking+News&type=news&mod=News&mid=A3D60400B4204079A76C4B1B129CB433&tier=3&nid=FA740B624CB44669976825794259FD76

Swine news

Article Comments

This area is not intended to be a place to consult authors about their articles, but rather a place for open discussion among pig333.com users.

Access restricted to 333 users. In order to post a comment you must be logged in.

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here

tags

Swine News

Swine industry news in your email

You are not subscribed to this list

16-Feb-201809-Feb-201802-Feb-201826-Jan-2018

Log in and sign up on the list

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here