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You are here: Home / Business / Agriprocessors files for bankruptcy

Agriprocessors files for bankruptcy

November 5, 2008 By admin

The Postville kosher meatpacking plant that was the focus of one of the largest immigration raids in U.S. history is filing for bankruptcy. The bankruptcy filing is the latest in a line of recent problems for the Agriprocessors plant.

The plant was the site of the May 12th immigration raid in which 389 illegal aliens were arrested. At the end of last week a bank in St Louis filed a lawsuit against the plant – saying the owners defaulted on a 35-million dollar loan. A staffing firm that has served as the plant’s human resources department since the raid, also pulled 450 workers out of the plant last week without saying why the action was taken.

Reports say Agriprocessors owes 50 to 100 million dollars to its creditors.

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Filed Under: Business Tagged With: Employment and Labor

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