Golden County Foods file for bankruptcy, likely to be sold

Freeman Staff

June 1, 2015

PLOVER Golden County Foods Inc. filed for bankruptcy May 15, and although it anticipates being purchased by Monogram Appetizers, the company said there is a chance employees will have their positions eliminated.

According to the notice received by the Department of Workforce Development on Monday, about 432 employees will be terminated during the transition, but most are expected to be immediately re-hired by the proposed new owner. The affected workers are at two plants, 1434 Post Road and 300 Moore Road. DWD will work with North Central Workforce Development Board to deliver assistance.

If the sale is not approved by the court or takes longer than expected, Golden County will be forced to cease operations and lay off employees, according to the release.

http://goldencountyfoods.com