Closing of Brawley plant will lead to $100 million hit to local economy
Local officials in Brawley, Calif., have been in talks with National Beef Packing Co. and its parent company, Leucadia National Corp., to put together a package that would compel the company to keep its plant open and the 1,300 workers employed. National Beef announced on January 31 that it was closing the plant, effective early April.
According to the Imperial Valley Press, closing the plant would result in a $102 million hit to the local economy, according to Michael Bracken, managing partner and chief economist with Development Management Group.