$10 million fund set for former BPI employees - KWWL - Eastern Iowa Breaking News, Weather, Closings

$10 million fund set for former BPI employees

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WATERLOO (KWWL) -

The Roth family has announced that they will be making a $10 million fund to help former BPI employees and communities that were negatively affected by plant closures in 2012.

750 employees were laid off when three of their facilities closed. Those closures were in Amarillo, Texas, Garden City, Kansas, and Waterloo, Iowa. 

“We remain committed to our employees and communities and so are dedicating $10 million to benefit the employees who lost their jobs in 2012,” noted BPI founder Eldon Roth. “While it took us longer to get here than we had hoped, we are pleased to finally be able to re-connect with those former employees and see what we can do to help them continue to recover.”

According to Rich Jochum, BPI Corporate Administrator, he says there will be a review process of applications from former employees.

Jochum goes on to say, "We are early in the planning stages but will be kicking off the process next month.  While we are still in the planning stages, participation criteria will likely include such things as length of service with BPI, amount of potential unemployment, impact of the loss of employment, and similar factors.”

BPI filed suit against ABC News in 2012 after the network ran an investigation, targeting Lean Finely Textured Beef. The case went to trial in June. On June 28th a settlement was reached. 

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