Pilgrim's Pride Hopes To Sell Grain Elevators To ADM
Bankrupt chicken processor Pilgrim’s Pride Corp is seeking court approval of the sale of three grain elevators to ADM, which it expects would generate income of around $5 million, according to papers filed in U.S. Bankruptcy Court in Fort Worth, Texas.
Two elevators are in Brookston and Parr in northwest Indiana, and the third is in Hoopeston, Illinois, just across the Indiana border, according to reports.
Two elevators are in Brookston and Parr in northwest Indiana, and the third is in Hoopeston, Illinois, just across the Indiana border, according to reports.