Meat&Poultry - August 2013 - 12

Success is
a Matter
of System

business notes

Arson suspected in Valley
Meat Co. fire
Investigators suspect Valley Meat Co., Roswell, NM,
might have been the target of arsonists this past month.
The owner has been trying to convert the former beefprocessing facility to a horse-slaughtering plant.
A fire on July 27 damaged a refrigeration unit and
burned the facility’s exterior. Investigators have not determined the cause of the fire, but Chaves County officials called the blaze “very suspicious.” Speaking to The
Associated Press, owner Rick De Los Santos said someone
jumped a fence on the property and poured an accelerant

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over the compressors to his refrigeration unit.

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Efforts to block horse slaughter in the United States
have been ongoing since Congress lifted a ban on funding
issued grants of inspection to Valley Meat and Sigourney,
Iowa-based Responsible Transportation LLC.
In response, animal-rights groups, led by the Humane
Society of the United States, filed a lawsuit under the National Environmental Protection Act suing USDA to pre-

Northern Beef Packers
lays off workers
A struggling Northern Beef Packers laid off nearly all of
its 250 workers July 24, according to news reports. Keloland.com reported that only six workers remained at the
plant. Other workers began leaving the premises on July 24.
Aberdeen, SD-based Northern Beef Packers filed for
Chapter 11 bankruptcy protection in the US Bankruptcy
Court for the District of South Dakota. This latest setback
followed a July 17 announcement that employee paychecks
would be delayed.

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The company said a business reorganization would give
the company more time and interim working capital to
complete its restructure. “For the last several months, we
have been working to secure a strategic-equity investment
to move our business into the next phase of production,”
said David Palmer, CEO of Northern Beef. “Today, the
company is taking a significant step toward remedying

CSB-System International, Inc. USA
Contact us: (800) 852-9977
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12 • Meat&Poultry • August
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this situation and we expect the DIP financing will allow
us to accomplish our restructuring goals,” Palmer added.
www.MeatPoultry.com

http://www.keloland.com

Meat&Poultry - August 2013

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