Market 52 files for bankruptcy - The Packer

Market 52 files for bankruptcy

02/14/2012 11:31:00 AM
Mike Hornick

Downs has been president of Market 52 since its formation in May 2005. Before that he worked in sales and business development at Townsend Farms; as berry category manager for North Bay Produce Inc.; and for four years, as a commodity manager at Safeway Inc.

Market 52 was formed in 2005 and reported triple-digit annual growth in its early years. Initial commodities included blueberries and blackberries. Later, the company added table grapes, asparagus, melons and avocados. The company formed a subsidiary, Market 52 S.A., in Chile in 2009.

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