Ripple effect hits Farmstead suppliers as Cedar Rapids plant closes
Farmstead Foods winds down operations in Cedar Rapids, costing suppliers like WIX Trucking, J W Truck Shine, Iowa Electric Light and Power, Cryovac, Longview Fibre, and Weyerhaeuser millions in annual business. Longview Fibre plans layoffs on its third shift. others anticipate slower activity with spring rebound uncertain.
MENTIONED IN THIS ARTICLE
Armstead Foods
Cedar Rapids
Farmstead
John Hoth
WIX
Wilson Foods
Hoth
J.W. Truck Shine
Farmstead Foods
Joe Vondracek III
Iowa Electric Light and Power Co
Nually
Cryovac
Longview Fibre
Weyerhaeuser Co
Norm Werner
Werner
Longview
Cargill Inc
Cargill
Lionel Kailby
Weyerhaeuser
Farmers face unpaid hog sales as Farmstead checks bounce
About 20 to 30 hog producers in Oddville await payment after Farmstead Foods paid with bounced checks for hogs sold last week. Rex Barker says he sold 15 hogs for 1757.13 that bounced, while Farmstead cites a 1.8 million bond to cover debts. Federal Packers and Stockyards Administration teams are at the plant to resolve the cash shortfall and advise farmers on required notices and procedures.
MENTIONED IN THIS ARTICLE
Farmstead
Bob Alex
Alex
Federal
Packers and Stockyards Administration
U.S. Department of Agriculture
Keith Kienow
Omaha
Neb
Kienow
Welfare talk turns to help as Farmstead workers seek aid
DHS staff from Linn County offered to help Farmstead Foods workers with food stamps Medicaid and Aid to Dependent Children after layoffs. Ten signed up for benefits with about half from nearby counties. Job Service of Iowa expects 700 jobless benefit applications from Farmstead employees and notes checks arrive by March 22 or 23. Financial counseling and support groups will be provided through UFCW P-3 and Family Service Agency with free initial visits.
MENTIONED IN THIS ARTICLE
Dith Pruismann
United Food & Commercial Workers
DHS
Pruismann
Benton
Iowa
Johnson
Delaware
Buchanan
Poweshiek
Tama
Bob Selk
Cedar Rapids
Job Service of
Selk
The
Family Service Agency
First Ave
UFCW
P-3 Union Hall
Sarah Long
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