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northern beef packers, Northern Beef Packers

Articles: 29 results from the past year. For older articles, see advanced options.

Northern Beef Packers’ state loan cancelled
Northern Beef Packers in Aberdeen, S.D., won’t receive a $5 million loan from the state Board of Economic Development.
Wednesday, January, 15, 2014 - Agweek - News

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White Oak Global Advisors wins Northern Beef Packers auction
White Oak Global Advisors will be the new owner of Northern Beef Packers, which filed for bankruptcy in July because it lacked money to buy cattle for slaughter. White Oak’s bid includes $39.5 million in credit and $4.8 million in cash to satisfy prior liens.
Monday, December, 09, 2013 - Associated Press - News

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Northern Beef worker claims company didn’t give notice
A man laid off by Northern Beef Packers in Aberdeen has filed a class-action lawsuit against the plant that has filed for bankruptcy. Jorge Alvarado claims he and others weren’t given proper notice before losing their jobs.
Wednesday, October, 16, 2013 - - News

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Audit: Benda helped increase beef plant grant
Rich Benda, while serving as director of the Department of Tourism and State Development, on Dec. 23, 2010, amended two Future Fund grants for Northern Beef Packers in Aberdeen, S.D., according to the Department of Legislative Audit report.
Friday, February, 14, 2014 - Agweek - News

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SD governor: Beef plant support not a mistake
Gov. Dennis Daugaard said Friday he does not believe the state’s financial support for the now-defunct Northern Beef Packers plant was a mistake.
Monday, January, 27, 2014 - Forum News Service - News

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Wis. beef company bids for idled SD plant
SIOUX FALLS, S.D. — A Green Bay, Wis.-based beef processing company has submitted the minimum $12.75 million bid for an idled South Dakota plant.
Wednesday, December, 04, 2013 - Associated Press - News

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Troubled SD beef plant borrowing $512,000 to pay bills
A federal judge is allowing Northern Beef Packers to borrow $512,000 to pay bills as its Chapter 11 bankruptcy case continues.
Saturday, September, 14, 2013 - - News

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SD governor aware of Northern Beef’s struggles before taking office
South Dakota Gov. Dennis Daugaard says he does not think the state’s financial support for the now-defunct Northern Beef Packers plant was a mistake.
Monday, February, 03, 2014 - Forum News Service - News

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EB-5 visa program funded SD projects
More than a dozen other large South Dakota projects were funded by the same controversial visa program used by the Northern Beef Packers Plant that is now bankrupt and under an apparent federal investigation.
Monday, November, 18, 2013 - Associated Press - News

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Latest News
Northern Beef Packers’ state loan cancelled, Cargill, USDA check for meat contamination after Iowa plant ammonia leak and barn, antique equipment lost in fire near Crookston, Minn.
Monday, January, 20, 2014 - - News

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State program became for-profit before securing Northern Beef financing
A South Dakota economic development office’s spin-off into a for-profit company is under the microscope as lawmakers vow to look further into the state’s role in financing the bankrupt Northern Beef Packers.
Wednesday, April, 09, 2014 - - News

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Latest news
A federal trustee has asked a judge to convert the Northern Beef Packers plant's bankruptcy into a Chapter 7 liquidation, a N.D. man has plead guilty to three counts of starving cattle, and an elderly N.D. man was killed in a tractor fire near Minto.
Tuesday, September, 03, 2013 - - News

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Let light shine on EB-5
Recently, I urged the Government Operations & Audit Committee to obtain more inform- ation about the management and outcome of the EB-5 program, specifically regarding Northern Beef Packers. I motioned to subpoena Joop Bollen, former director of the EB-5 program in South Dakota. While I tried to bring transparency and balance back to the South Dakota state government, Republican legislators on the committee tried to silence me. I won’t be silenced.
Monday, August, 18, 2014 - Agweek - News

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Judge allowing SD beef plant to hire banking firm
A bankruptcy judge is allowing an idled South Dakota beef packing plant to employ an investment banking firm to pursue a sale.
Tuesday, September, 17, 2013 - - News

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Judge OK’s SD beef plant’s credit request
A federal bankruptcy judge on Thursday approved an idled South Dakota beef packing plant’s request for $2.25 million in credit so it can employ an investment banking firm to pursue a sale.
Friday, September, 27, 2013 - Associated Press - News

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SD cancels contract with EB-5 center
The South Dakota Governor’s Office of Economic Development has terminated its contract with a regional center that handled a U.S. immigration foreign investment program, according to documents obtained by The Associated Press.
Monday, November, 04, 2013 - - News

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California investment firm wins auction for Aberdeen beef plant
SIOUX FALLS, S.D. — A San Francisco-based investment banking firm has submitted the winning $44.3 million bid for an idled South Dakota plant during a bankruptcy court auction Thursday in Sioux Falls.
Friday, December, 06, 2013 - Associated Press - News

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SD beef plant seeks financing to avoid liquidation
An idled South Dakota beef processing plant is making another attempt at financing an auction sale in an attempt to prevent its bankruptcy case from moving toward liquidation.
Tuesday, September, 10, 2013 - - News

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Feds looking into SD beef plant
Federal authorities are investigating the finances of an idled beef plant and a federal immigration program that supplied much of its funding, two former chief players in the company told The Associated Press on Thursday.
Thursday, October, 31, 2013 - Associated Press - News

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Aberdeen beef plant could start processing in 2015
FARGO, N.D. — Robert “Doug” Cooper of Kansas City, Mo., the new president and CEO of New Angus LLC, the company trying to revive a troubled Aberdeen, S.D., beef slaughter plant, says he expects his company to start processing animals sometime in 2015.
Monday, August, 25, 2014 - Agweek - News

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