Indiana Packers acquires Michigan pork processor
Indiana Packers Corp. announced that it has acquired Quincy Street Inc., located in Holland, Mich., for an undisclosed sum. Indiana Packers and Quincy Street have maintained a business relationship for over 20 years, reports Hoosier Ag Today.
Quincy Street manufactures and markets a range of ready, to eat (RTE) meats and meat products nationwide, including Dinner Hams, Spiral Sliced Hams, Breakfast Sausages, Deli Meats, Specialty Toppings and Cooked Boneless Pork Loins. The company’s targeted market segments include foodservice, retail and industrial. The industrial segment includes the sale of products to other food processors as ingredients.
IPC has been the top supplier of pork products sold to Quincy Street. The acquisition of a value-added customer will strengthen IPC’s business and better enable IPC to weather the cyclical nature of the fresh pork business, the company said in a statement.
“We are excited about the future growth opportunities at Quincy Street,” said Russ Yearwood, president of Indiana Packers. “The Quincy Street dedication to producing high-quality pork products and commitment to customer service complement our business strategy and core values. We look forward to realizing the advantages brought by Quincy Street for many years to come.”
Sources: Indiana Packers Corp., Hoosier Ag Today