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Korean meat processor wins bid to buy U.S. chicken company
#1
Korean meat processor wins bid to buy U.S. chicken company
There's a joke in there somewhere I just know it.

Quick! Check the roosters.
First there's outsourcing and now there's incoming.
Yeah, that's a good one.

Sorta.

(7/27/2011)
Rod Smith

A South Korean meat and poultry business this week won an auction to buy Allen Family Foods Inc., a chicken integrator in Delaware that filed for bankruptcy liquidation earlier this year (Feedstuffs, June 20).

Harim Holdings Co. Ltd., through its newly established Harim USA Ltd., outbid cross-state producer Mountaire Farms of Delaware, which walked away from bidding Monday after a bankruptcy court trustee said its $30 million offer was too low.

It hasn't yet been announced week what Harim USA offered, but the trustee had stated that he valued Allen at $53 million.
*Feedstuffs Full Article*



"In life you can never be too kind or too fair; everyone you meet is carrying a heavy load. When you go through your day expressing kindness and courtesy to all you meet, you leave behind a feeling of warmth and good cheer, and you help alleviate the burdens everyone is struggling with."
Brian Tracy
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#2
RE: Korean meat processor wins bid to buy U.S. chicken company
And an inflow of capital to resurrect a business in liquidation is a bad thing how? Who cares if it's Koreans who own it?
.
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#3
RE: Korean meat processor wins bid to buy U.S. chicken company
[Image: dog_p7.jpg]


Some of us LIKE dogs!
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#4
RE: Korean meat processor wins bid to buy U.S. chicken company
(July 28, 2011 at 2:08 am)Minimalist Wrote: [Image: dog_p7.jpg]


Some of us LIKE dogs!

Wow, primary school racism? Well done Min.
.
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#5
RE: Korean meat processor wins bid to buy U.S. chicken company
Korean Fried Chicken?
[Image: KFC_logo.png]
Best regards,
Leo van Miert
Horsepower is how hard you hit the wall --Torque is how far you take the wall with you
Pastafarian
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#6
RE: Korean meat processor wins bid to buy U.S. chicken company
Yeah I can't help but see this as a good thing. The business gets a new lease on life, and on top of it a foreign food processor now has an american facility which is subject to american standards and regulations. Sure, they'll have to hire migrant workers for $2.50 a day as opposed to Korean labor (IDK if korean labor is cheaper or not), but if they can compete, its a win win.
I am the Infantry. I am my country’s strength in war, her deterrent in peace. I am the heart of the fight… wherever, whenever. I carry America’s faith and honor against her enemies. I am the Queen of Battle. I am what my country expects me to be, the best trained Soldier in the world. In the race for victory, I am swift, determined, and courageous, armed with a fierce will to win. Never will I fail my country’s trust. Always I fight on…through the foe, to the objective, to triumph overall. If necessary, I will fight to my death. By my steadfast courage, I have won more than 200 years of freedom. I yield not to weakness, to hunger, to cowardice, to fatigue, to superior odds, For I am mentally tough, physically strong, and morally straight. I forsake not, my country, my mission, my comrades, my sacred duty. I am relentless. I am always there, now and forever. I AM THE INFANTRY! FOLLOW ME!
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#7
RE: Korean meat processor wins bid to buy U.S. chicken company
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#8
RE: Korean meat processor wins bid to buy U.S. chicken company
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#9
RE: Korean meat processor wins bid to buy U.S. chicken company
Fucking koreans. We kicked their asses in the vietnam war.
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#10
RE: Korean meat processor wins bid to buy U.S. chicken company
As long as they don't start rounding up stray dogs, I don't see an issue with this.
"How is it that a lame man does not annoy us while a lame mind does? Because a lame man recognizes that we are walking straight, while a lame mind says that it is we who are limping." - Pascal
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