Del Monte Foods, whose canned vegetables and fruit have long been a staple on grocery store shelves, announced Monday that it has filed for bankruptcy and will seek a buyer. The nearly 140-year-old ...
(KNWA) — Canned fruits and vegetables producer Del Monte has filed for bankruptcy and is seeking a buyer, the company announced on Monday. The nearly 140-year-old company said in a news release that ...
"Producers are facing severe uncertainty and financial hardship." ...
The financial restructuring of a major American packaged food brand is leading to hundreds of job losses in California. When a company files for Chapter 11 bankruptcy, the first step is to initiate ...
California peach growers are set to destroy roughly 420,000 clingstone peach trees after the collapse of a decades-long partnership with Del Monte Foods left farmers without buyers for tens of ...
One Del Monte canning facility processed 30% of the state’s cling peaches, and its closure left growers with a glut of crops with no one to process them.