Shuttered Iowa plant bought by investors
The plant, which closed after the mad cow disease scare cut U.S. Beef experts, would require about $10 million to reopen, Muchow said. He added that Amber Capital is seeking additional funds but has not received any government incentives. The plant has employed up to 600 people at one time, but Muchow said it would open with 100 workers and eventually expand to 350 employees.
Source: Associated Press, The Daily Reporter