Kosher meat plant owner still undecided - KWWL - Eastern Iowa Breaking News, Weather, Closings

Kosher meat plant owner still undecided

CEDAR RAPIDS (KWWL) - Right now a judge is meeting with bidders to decide who will be the next owner of Agriprocessors.

The Postville meat plant closed after an immigration raid last year.

Tonight creditors and bankrupty trustees are meeting at the federal court house in Cedar Rapids.

Two companies are bidding, the highest is over $15-million, triple yesterday's bids.

Kosher Standards and Natural Sources made their bids on the condition that creditors walk away from the bidding war. A judge will decide to approve the sale which could take weeks.

The future of Agriprocessors is especially important to the economy and workers in Postville and surrounding communities.



Powered by Frankly