Thursday, July 23, 2009

Rubashkin: What does the fututre hold in store?

The forward has a more in-depth article about the recent purchase of the bankrupt Slaughterhouse giant, Agriprocessor. The information on the new owners:SHF Industries, a company formed by Canadian plastics manufacturer Hershey Friedman and his son-in-law, Daniel Hirsch. Friedman owns Polystar Packaging Inc. of Montreal, which is a top maker of plastic packaging for meat.
According to the forward, people are wondering about many issues including whether the Rubashkin family will be involved in the plant. Mr. Friedman has assured people that the Rubashkin family will not be involved in upper management, however some members of the family may be allowed to hold onto lower level jobs.

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