Cargill to acquire Forth Worth beef facility
July 13, 2012
WICHITA, KAN. — Cargill successfully bid in a bankruptcy court auction to purchase the former AFA Foods, Inc. ground beef processing plant in Fort Worth, Texas, for $14.1 million.
“We’re thrilled to be the winning bidder for the Fort Worth facility due to its track record of producing quality products and satisfying customers, its geographic advantage to our retail and foodservice customers, its proximity to raw materials and its access to growing regions,” said Mary Thompson, president of Cargill Value Added Meats Food Service business. “This is a strategic acquisition that complements our existing beef production and distribution infrastructure and better positions us to meet our goals for both short-term and long-term profitable growth.”
The Fort Worth plant will produce ground beef patties and a variety of ground beef packaged products for the retail and food service sectors.
The sale has received court approval and is expected to close next week.