Del Monte Foods Inc.
Del Monte Foods Sells Sager Creek, Siloam Springs Plant Closes
Del Monte Foods Inc. of San Francisco sells its Sager Creek vegetable business to McCall Farms Inc. of Effingham, South Carolina, and that the sale will result in the closure of a production facility in Siloam Springs. read more >
Trustee Charges Collusion in Allens’ Case
The trustee in Allens Inc.’s Chapter 7 liquidation has accused some creditors of scheming to buy the Siloam Springs vegetable and food processor out of bankruptcy in 2014 in order to save themselves millions while leaving most creditors holding an empty bag. read more >
by Mark Friedman -
Allens Inc. Cited by USDA for Unpaid Produce
Bankrupt Allens Inc. of Siloam Springs has been cited by the U.S. Department of Agriculture for failing to pay for $9.8 million worth of produce. read more >
Allens’ Successor Sager Creek Also Faced Financial Trouble
The company that bought Allens Inc. of Siloam Springs out of bankruptcy was just a week away from filing its own Chapter 11 bankruptcy in February, according to the trustee for Allens. Sager Creek Vegetable Co. “had significant cash-flow problems,” Allens’ Chapter 7 Trustee R. Ray Fulmer II of Fort Smith told Arkansas Business. read more >
by Mark Friedman -
Del Monte Will Close Sager Creek Operation in Wisconsin
Del Monte Foods of San Francisco, which recently bought Sager Creek Vegetable Co. of Siloam Springs, says it will close a vegetable processing plant in Pulaski, Wisconsin. read more >
by Mark Friedman -
Del Monte Foods Buying Sager Creek of Siloam Springs for $75M Cash
The operations and assets of the vegetable company formerly known as Allens Inc. of Siloam Springs are set to change owners once again in a $75 million cash deal. Del Monte Foods Inc. of San Francisco says it has completed its acquisition of the assets of Sager Creek Vegetable Co. read more >
by Lance Turner -