Allens Inc. Files Chapter 11 Bankruptcy, Wants to Sell Frozen Vegetables Business

by Lance Turner and Mark Friedman  on Monday, Oct. 28, 2013 12:44 pm  

Allens has been slimming operations since at least 2011, when it shuttered a plant in Fort Worth that employed about 70 people. In March 2012, it sold four other food plants in New York and Wisconsin that employed about 400 people, saying it would focus on its "core business."

In March, the company consolidated some of its northwest Arkansas locations, moving 150 jobs from its Van Buren plant to its Siloam Springs canning site. At the time, Allens said it was investing in technology and increased capacity at its Arkansas, North Carolina and Wisconsin facilities.

Allens is the 23rd largest private company in Arkansas, according to Arkansas Business’ annual list of the state’s 75 largest private companies. For this year's list, Allens reported $420 million in 2012 revenue, down 30 percent from 2011, and said it has 960 employees in Arkansas.

According to other court documents related to the bankruptcy, Allens employs more than 1,173 people across all its operations. That number includes 766 hourly employees and 162 salaried workers. The company also has 319 temporary employees hired through a staffing agency. In all, gross weekly wages to salaried employees average about $774,000.

The company has a website for documents and announcements related to the bankruptcy.

 

 

Please read our comments policy before commenting.
Search

Latest Arkansas Business Poll

Did the Fed make the right call on interest rates?