Contact Us

Wisconsin Company Bids for Idled Northern Beef Packers Plant

FILE: Beef Production
Getty Images

SIOUX FALLS, S.D. (AP) — A Green Bay, Wisconsin-based beef processing company has submitted the minimum $12.75 million bid for an idled South Dakota plant.

American Foods Group’s bid for Northern Beef Packers allows it to become a qualified bidder in an auction scheduled for today at the U.S. Bankruptcy Court in Sioux Falls.

Wednesday’s bid is the first submitted for the upcoming auction. An investment banking firm working with Northern Beef, White Oak Global Advisors, is automatically deemed a qualified bidder.

Northern Beef opened on a limited basis in 2012 after years of delays. Its owners filed for bankruptcy protection in July and laid off most employees because the company lacked money to buy cattle for slaughter.

American Foods Group’s website says the company ships more than 4 million pounds of beef a day.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Best of KSOO-AM

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://ksoo.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for KSOO VIP Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive KSOO VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.