In this file:
· Iowa Food Group Suspends Operations in Cherokee
· Cherokee's Iowa Food Group plant pauses production to recapitalize company
Iowa Food Group Suspends Operations in Cherokee
By Woody Gottburg, KSCJ (IA)
Apr 9, 2019
Less than a year after they opened in Cherokee, the Iowa Food Group meat processing facility in that city has suspended operations.
The company announced in September of 2018 that they would acquire the former Tyson Meats plant and process beef, pork, poultry, and lamb.
But Tuesday afternoon the company released a statement saying they will be “pausing production temporarily in order to recapitalize the company in preparation for the next stage of operations and growth.”
There was no mention in the news release as to how...
Cherokee's Iowa Food Group plant pauses production to recapitalize company
Mason Dockter, Sioux City Journal
Apr 10, 2019
CHEROKEE, Iowa -- Iowa Food Group, the firm that took over the former Tyson Foods meat plant in Cherokee, announced Tuesday that it will temporarily pause production in order to recapitalize the company.
According to a brief press release from the company, Iowa Food Group passed its Good Manufacturing Practices Food Safety Audit with an A+ score on April 4, only a few months after it moved into the long-dormant plant.
"Having now achieved each of these milestones and readied the plant to scale up production, IFG will be pausing production temporarily in order to recapitalize the company in preparation for the next stage of growth," the release continues.
The firm began operations in January with around 35 people and expected to hire more over time. "We should be at 100 pretty quick this year," IFG partner Mack Zimmerman said in January.
The release does not specify what will happen to the workers during the production pause.
Iowa Food Group purchased the multi-building, roughly 255,000-square-foot former Tyson plant for $2.35 million last September, according to sale records. Parts of the facility date to 1965, the year Wilson Foods opened as a pork and beef slaughter and fabrication plant...