A Midwest Meat Packing Facilities turkey plant in Gibbon, Neb., as well as the surrounding grounds, remains vacant and unsold after an auction where cooling systems and other turkey processing equipment were bid on, according to an official with the City of Gibbon.
Midwest Meat Packing Facilities entered Chapter 7 involuntary bankruptcy in March, 2013, closing the Nebraska turkey plant that had as many as 50 employees. Should the building sell, the likelihood of it being used for purposes other than turkey processing is greater, since the turkey processing equipment has sold, said the city official.
The Midwest Meat Packing Facilities bankruptcy occurred after the company hadn't paid Shinn's Turkey Track, of Dunning, Neb., $1.45 million for turkeys and had a total debt of more than $4.4 million, according to court documents. The plant also went without electricity for most of January as the Nebraska Public Power District had discontinued its service because of unpaid bills.
The 2013 Midwest Meat Packing Facilities closure in Gibbon was not the first time turkey operations ceased at the facility. The previous owners closed the plant in December 2008 because of high feed and fuel costs. The plant reopened in 2010 with an investment from New York-based AMSA International.
Midwest Meat Packing Facilities entered Chapter 7 involuntary bankruptcy in March, 2013, closing the Nebraska turkey plant that had as many as 50 employees. Should the building sell, the likelihood of it being used for purposes other than turkey processing is greater, since the turkey processing equipment has sold, said the city official.
The Midwest Meat Packing Facilities bankruptcy occurred after the company hadn't paid Shinn's Turkey Track, of Dunning, Neb., $1.45 million for turkeys and had a total debt of more than $4.4 million, according to court documents. The plant also went without electricity for most of January as the Nebraska Public Power District had discontinued its service because of unpaid bills.
The 2013 Midwest Meat Packing Facilities closure in Gibbon was not the first time turkey operations ceased at the facility. The previous owners closed the plant in December 2008 because of high feed and fuel costs. The plant reopened in 2010 with an investment from New York-based AMSA International.
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