PORTALES, N.M. — A New Mexico peanut-butter estimate plant that went broke after a salmonella conflict shuttered a operations and stirred a national remember final year is headed to a auction block.
The haven cost for all bidders in Thursday’s auction is $18.5 million. That’s a volume California-based Ready Roast Nut Co. already has offering to buy a gone Sunland Inc. plant.
The sale seemed approaching when a failure keeper corroborated Ready Roast’s offer. But a Clovis News Journal reports another intensity customer has emerged.
A U.S. Bankruptcy Court decider has scheduled a conference Friday to accept or reject a best bid in a auction.
Sunland attorneys had valued a company’s sum resources during $50 million when it sought failure insurance final fall. It owes a 3 vital cumulative creditors about $14 million.
Information from: Clovis News Journal, http://www.cnjonline.com