A "Pink Slime"-Using Beef Producer Files For Bankruptcy

Categories: News
pink-slime-school-lunches.jpg
Flickr user aMichiganMom
Not pink slime, but pink and slimy.
The Wall Street Journal reports that AFA Foods, which contributes to about 2% of total U.S. beef production, has filed for bankruptcy protection. 
 
The company's products are sold by Wal-Mart Stores Inc., Burger King Holdings Inc., Jack in the Box Inc., Carl Karcher Enterprises Inc., Wendy's Co. and Del Taco Inc. But it has seen demand drop amid the recent controversy. 


It had already been struggling with profitability and negotiated a debt-extension, but then the "pink-slime" news hit. "It came at exactly the wrong time for the company," a person speaking for the company said.

The company will now continue operations producing beef without the additive.

Follow Stick a Fork In It on Twitter @ocweeklyfood or on Facebook! And don't forget to download our free Best Of App here


My Voice Nation Help
2 comments
Joseph Angelo
Joseph Angelo

I feel for those that lost their jobs when the news that the addition of textured beef was not required as an item of disclosure in regards to beef products. But this is really the fault of the Beef lobby that convinced the FDA to create rules around texture beef that resulted in it being a secretive addition that made it suspect to the public.

20ftJesus
20ftJesus

Jamie Oliver simultaneously kills hundreds of jobs and makes meat prices higher.  Perhaps, he wants poor people to eat less beef?  Nice going Oliver Douchebag.   

Now Trending

From the Vault

 

Loading...