Meat and Poultry Industry News / Beef

Sale of South Dakota beef plant completed

Investment group White Oak Global Advisors has completed the purchase of the former Northern Beef Packers beef plant in Aberdeen, S.D. The group announced that a new company, New Angus LLC, will operate the facility, reports the Argus Leader.

White Oak Global Advisors purchased the beef plant at a December bankruptcy auction. White Oak declined to comment further on its purchase beyond an immediate release.

In that statement, White Oak said it is “evaluating its strategic options” for the plant but “remains confident in (its) future as an operating plant.”

Brown County Commission chair Duane Sutton, who has met with White Oak representatives over the past weeks and months, said the finalized sale is good news.

“If I had to make a guess based on the conversations I’ve had with representatives of White Oak, I would guess their goal is to get the plant open and operational and use it as a ... beef plant,” Sutton said.

Source: Argus Leader

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

Podcasts

Brenneman analyzes Butterball’s new animal care, well-being program

Rod Brenneman, CEO of Butterball, discusses his company's new Animal Care and Well-Being Program, his company's certification by the American Humane Association and further animal-handling initiatives, all officially announced in September 2013.

More Podcasts

National Provisioner

0315np_cover.jpg

March 2015

The March 2015 issue of NP features: Ingredients: In search of the right spice; Packaging: Will solvent-based continuous printing expire?; and a new column, Get Real with Beef: Regionality brings out the best.
Table Of Contents Subscribe

Independent Processor

.

February 2015

The February issue of IP features cover story: The great speckled bird. 

Table Of Contents Subscribe

Provisioner Store

NP-SB-2014Cover.jpg
The National Provisioner Source Book

The Sourcebook is an exclusive buyer’s guide and reference tool for product and supplier information in the meat, poultry and seafood marketplace.

More Products

Sourcebook

A complete reference guide to supplies. Go to NP's Sourcebook now to check out the latest and greatest in the meat and poultry processing business.

STAY CONNECTED

Facebook icon Twitter icon  YouTube iconLinkedIn icon google +

eNewsletters

Provisioner Prime is a twice weekly electronic newsletter created by the editors of The National Provisioner. Provisioner Prime appears in your inbox every Tuesday and Thursday with a recap of the week's top news and trends. Provisioner Prime also offers you exclusive access to industry analysis, blogs, events, podcasts, videos, webinars and The National Provisioner feature articles. 

Sign up for Provisioner Prime HERE.