Showing posts with label shf industries. Show all posts
Showing posts with label shf industries. Show all posts

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.

Tuesday, July 21, 2009

Agriprocessor Meat Plant: SOLD!

The good news of the day is the Agriprocessor has been sold ! More importantly, it will remain a kosher meat plant and hopefully can bring down the cost of kosher meat and poultry. The buyer: SHF industreies which as previously discussed is owned by Canadian plastics manufacturer Hershey Friedman and his son-in-law, Daniel Hirsch. No news as to how quickly they will get operations up and running. Agriprocessor aka Rubashkin had gone bankrupt after undergoing several scandals and labor law indictments.

Monday, June 29, 2009

Kosher Meat: Prices to Come Down?

Kosher Meat prices have been steadily on the rise with the recent bankruptcy and controversy surrounding the nation's largest Kosher slaughterhouse, Agriprocessor. It seems Agriprocessor has found a buyer:SHF Industries, a newly formed company owned by Hershey Friedman, a Montreal businessman. Lets hope they can get this company up and running again and bring down the prices on kosher meat everywhere.