Del Monte files Chapter 11 bankruptcy

Del Monte Foods has filed for Chapter 11 bankruptcy. In a statement, the food products producer says, “it is pursuing a value-maximizing sale process as part of an overall strategic balance-sheet restructuring.” Many central Wisconsin farmers are under contract with Del Monte to raise vegetables for the Plover, Wisconsin canning facility. The company has secured […]

The post Del Monte files Chapter 11 bankruptcy appeared first on Brownfield Ag News.

View Full Story

Share:

The Latest

Trump: USMCA renewal TBD

U.S. President Donald Trump told reporters on Tuesday all options are on the table as the U.S.-Mexico-Canada Agreement is renegotiated. “We