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Wednesday, July 27, 2011

Mountaire Will Not Purchase Allen Family Foods

In a statement released Tuesday, July 26, Mountaire Farms officials announced the company is no longer seeking to purchase Allen Family Foods, which filed for bankruptcy protection last month.

Mountaire submitted a proposal to purchase several of Allen Family Foods' operations including a hatchery in Seaford and the Harbeson processing plant.

Chris Shigas, spokesman for Mountaire, said the company has decided discontinued purchase plans for any of Allen properties.


“Mountaire Farms has discontinued efforts to buy assets of Allen’s Family Foods at a bankruptcy auction process held on July 25, 2011. Mountaire wishes the best for the Allen family and everyone at their companies," said Shigas in the release. "Mountaire Farms will continue with its plan to expand facilities. As soon as practical, the company will be adding jobs in the community under an expansion plan looking to add employees, growers and other service needs. Driven by its deep-rooted commitment to quality service and value, Mountaire Farms looks forward to future business growth and strengthened ties with the communities in which it operates.”

from Rachel Swick @ the Cape Gazette

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