Attorneys seek $12.75M bid for Northern Beef Packers plant
An auction for the idled Northern Beef Packers plant in Aberdeen, S.D., is scheduled for December 5, and attorneys for the company have asked that the minimum bid be set at $12.75 million, reports the Associated Press.
Lawyers for Northern Beef Packers filed a motion in federal bankruptcy court to establish bidding procedures for the plant, the Aberdeen American News reported (http://bit.ly/1bJtuXv ). Under the proposal, bids would be solicited for all the beef plant's property, including fixtures, improvements, machinery, equipment and supplies.