Pink slips were handed out to the 150 or so workers at Crestland Co-op today. Paul Eckhoff, CEO of the bankrupt cooperative, says they’re required to notify workers, and the actual termination won’t happen till after the assets are auctioned off next month.Most will keep their jobs through mid-March. Separate auction dates have been set for rolling stock, the co-op locations, and houses and other assets owned by the co-op.Area farmers and investors are working to put together a group to buy the cooperative, which is the largest in the region.
SEARCH THIS SITE
RECENT NEWS
- Students get a look at Air National Guard jobs in Sioux City
- Speaker says House GOP to seek UI, ISU, UNI tuition caps
- Supreme Court rules in favor of UI in Children’s Hospital construction dispute
- Law lets police check for minors inside vape shops, tobacco retailers
- Singer with ‘Iowa roots’ has dual role in Michael Jackson musical (AUDIO)