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Borden Dairy said in a statement that it filed for Chapter 11 bankruptcy protection because its debt levels are unsustainable and the company has been impacted by the “rising cost of raw milk ...
The glass is looking half empty for big milk companies these days, as Borden Dairy Company becomes the second large producer in recent months to file for Chapter 11 bankruptcy protection.
Borden Dairy Co. filed for bankruptcy protection, the second major U.S. dairy to do so in as many months. Borden produces nearly 500 million gallons of milk each year for groceries, schools and ...
As milk consumption has fallen, dairy farms have closed their doors. In court filings, Borden says 2,730 U.S. dairy farms have gone out of business in the last 18 months alone.
Borden Dairy Co., one of the largest and oldest dairy producers in the U.S.,filed for Chapter 11 Bankruptcy after more than 160 years in business. The company announced the decision Sunday stating ...
Dean, the top U.S. milk processor by sales, is racing to ease antitrust concerns around its proposed tie-up with cooperative Dairy Farmers of America Inc. and to close their $433 million merger ...
No milk mustache for Borden: Borden is selling the remainder of its dairy business, including a license to use its Elsie the Cow trademark. The company said it will sell Borden/Meadow Gold Dairies ...
The company has 3,300 people and operates 13 milk processing plants and nearly 100 branches across the U.S., producing nearly 500 million gallons of milk annually.
The glass is looking half empty for big milk companies these days, as Borden Dairy Company becomes the second large producer in recent months to file for Chapter 11 bankruptcy protection.
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