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Tuesday, May 21, 2024

HyLife files bankruptcy, continues to seek buyer

HyLife Foods filed for Chapter 11 bankruptcy on Thursday and released a press statement later that day stating that the filing, “helps us to move forward with our restructuring plan while we pursue a potential sale, so that the plant can continue under new ownership.”

City of Windom officials had met on Tuesday in a roundtable with many state officials and politicians, and on the weekend the Commissioner of the Department of Agriculture, Thom Petersen, supplied HyLife with a list of possible resources, state and federal, to aid in the selling of the facility.

For more on this story, please see the May 3 edition of the Citizen.

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