Gold 'N Plump Sold

The parent company of Gold 'N Plump Chicken, which has a production plant in Arcadia is being sold.  

The Minneapolis Star Tribune says it will be business as usual for Gold'N Plump once its parent, G-N-P of st. Cloud, completes the sale to Maschhoffs L-L-C of southern Illinois.

The paper says G-N-P's nearly 17,000 employees and 350 chicken growers, including those in the Arcadia, area will be retained.

G-N-P CEO Mike Helgeson said it will be business as usual.

Helgeson said G-N-P had been looking for a partner to obtain money for further growth.

Maschhoffs is a large family-owned hog producer an says its the largest family-owned pork producer in North America.

In addition to Arcadia, Gold'N Plump also has production plants in Cold Spring and Luverne, Minnesota.....

Filed Under :  
Topics : Business_Finance
Social :
Locations : IllinoisLuverneMinnesotaSouthern Illinois
People : Mike Helgeson
A   A   A