Perdue is having a rough year. Falling sales…factory closures and layoffs… Not to mention all the complicated impacts of tariffs, bird flu, trade wars, changing consumer preferences, and more. Unfortunately, the hits keep on coming - Perdue Farms just announced 300 layoffs at its factory in Washington, Indiana - with a whole shift being eliminated on October 10th. This is obviously terrible news for the local [...]
Another North Carolina factory declares bankruptcy as economic crisis spirals
More bad news out of North Carolina as a local factory initiated bankruptcy proceedings in late August. (This is on top of several factory closures that have rocked the economy recently.) In this case, the victim is Origin Food Group, LLC which makes yogurt and drinkable fruit shakes, and has been a pillar in Statesville since 2018. And while this bankruptcy may not spell the end for Origin Foods - at least not yet, [...]
Trump admin slashes $130 million farm support program as bankruptcies soar
As if the news weren’t bad enough already for farms. (Especially farms in Michigan.) Between the ICE raids causing labor shortages… And the tariff-induced market wreckage… American farmers really need a break. Instead, more bad news: The USDA is eliminating the Regional Food Business Centers program, which has committed $130 million to support farms throughout the USA. While the money will still be disbursed, [...]
2 more companies abruptly exit California as business exodus accelerates
California has been losing a ton of jobs lately - factories, farms, you name it. And unfortunately the business exit isn’t letting up. In fact, two more companies recently left California entirely. The first, RNDC, is one of the largest alcohol distributors in the USA and completed its exit just a few days ago, at the beginning of September. Expect disruptions at California liquor stores for a little while as [...]
2 Iowa plants suddenly close and eliminate 461 positions
Factories across the country are closing. (Even in super business-friendly states.) And unfortunately, Iowa isn't immune. In fact, two separate plants closed earlier this Summer, with 461 jobs eliminated. Both plants were operated by Hy-Vee, the grocer - a commissary in Ankeny commissary and the Chariton fresh produce prep facility. Unlike seemingly the vast majority of plant closures, these Hy-Vee shutdowns [...]
Utz abruptly announces factory closure and job losses – with more potentially incoming
The economy may be heading toward a recession, but junk food is already there. Between the SNAP junk food bans… And the factory closures… Plus, just general shifts in consumer spending and preferences toward healthier foods… The hits just keep on coming. The newest sign - Utz recently announced plans to shutter its plant in Grand Rapids, Michigan, after owning and operating it for just four years. This is a [...]
