Sunland Inc.’s peanut-processing plant at Portales, NM, has been sold to Canada’s Golden Boy Foods, a move that could restart a facility closed after a 2012 Salmonella outbreak that sickened 46 people in 20 states.
Continue Reading Second Auction for Sunland Plant Brings In Almost $6 Million More for Creditors
Costco Getting Back Peanuts Purchased for Sunland
Costco Wholesale Corp.’s attempt is moving forward to keep millions of dollars in peanuts from being included in the liquidation of Sunland, Inc., once the largest organic peanut butter processor in the U.S. The Issaquah,
Continue Reading Costco Getting Back Peanuts Purchased for Sunland
Costco Played Major Role in Bankruptcy of Nation's Largest Organic Peanut Butter Maker
Federal court records show that the Oct. 8 bankruptcy filing by the nation’s largest organic peanut butter processor was sparked by Issaquah, WA-based Costco, a membership-based warehouse club, when it unilaterally terminated a deal it
Continue Reading Costco Played Major Role in Bankruptcy of Nation's Largest Organic Peanut Butter Maker
Sunland's Creditors Invited to Nov. 12 Meeting in Roswell, NM
The nation’s largest organic peanut butter company and the first food business to ever lose its federal registration during an outbreak of foodborne illness now finds itself in Chapter 7 bankruptcy. Sunland, Inc.’s financial meltdown
Continue Reading Sunland's Creditors Invited to Nov. 12 Meeting in Roswell, NM
BPI and Pink Slime: An Updated Timeline
In the Spring of 2012, a beef product called “Lean Finely Textured Beef,” an ingredient in an estimated 70 percent of America’s ground beef, came under fire because the meat — which is pulled from
Continue Reading BPI and Pink Slime: An Updated Timeline
Jensen Farms Files for Bankruptcy
Jensen Farms, the Colorado cantaloupe grower responsible for last year’s Listeria cantaloupe outbreak, has filed for Chapter 11 bankruptcy.
The bankruptcy filings list a number of wrongful death and personal injury lawsuits filed against
BPI and ‘Pink Slime’: A Timeline
The story of Beef Products Inc.’s Lean Finely Textured Beef isn’t new, and neither is the nickname “pink slime.” Yet after more than 10 years on the market, the beef additive had never received the
Weight of Pink Slime Furor Sends One Company Under
In recent weeks, slimeslinging over Lean Finely Textured Beef (LFTB) has reached fever pitch. Now public criticism of the stuff has heated up enough to send one meat company into bankruptcy.
Ground beef producer AFA
Continue Reading Weight of Pink Slime Furor Sends One Company Under
PCA Victims Soon Will See Some Money
A settlement has been reached between victims of the Peanut Corporation of America-caused Salmonella Typhimurium outbreak and the U.S. Bankruptcy Court trustee.
It will allow $12 million in personal liability insurance to be divided among
JBS Takeover of Pilgrim's Pride Approved
Like a railroad engineer looking down the tracks and seeing nothing but green lights coming at him, JBS S.A. is now all but certain to take over America’s largest chicken producer.
That’s because the U.S.