Long-time Twin City produce companies H. Brooks & Co. and its affiliates, and J&J Distributing are being acquired and consolidated into a new company, known as New Harvest Foods, helmed by industry veteran Ron Carkoski.
Debt-to-asset ratios are on the rise, working capital is eroding and farmers’ sentiments are on the decline. Despite the negativity surrounding prices and outlooks, Famer Mac is providing a voice of optimism.
AWG is bringing together its division operations, merchandising, and distribution and logistics functions in one supply chain unit for 2019, one of several changes the company expects to deliver more value to customers.
After sanctioning Tustin, Calif.-based Sarita Ranch Provission Inc. in March, the USDA has now filed an administrative complaint under the PACA alleging a much larger amount owed produce sellers.