Homestead Organics closing.........
Posted: Sat Apr 07, 2018 2:14 pm
This must be worrisome for organic meat producers.
Surprising that with the prices they were charging, still couldn't make a go of it, I guess there is always somebody bigger and cheeper moving in...
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A major organic seed, feed and milling company headquartered in eastern Ontario is going to close its doors after hitting financial trouble in the midst of a more competitive industry.
Tom Manley, president of Homestead Organics, said the 30-year-old company will be closing its doors in a matter of days because of pressure from its creditors and banks.
"We know we are closing, that's for sure. Our last week will be a question of clearing out remaining inventory," Manley said.
The company started in Berwick, Ont., a town halfway between Ottawa and Cornwall, and, over the course of the last four years, expanded to Morrisburg and then Sebringville, near Stratford.
"Our mission is to serve and develop organic agriculture and after 30 years my head is high and I believe we have achieved that," he said.
Manley said 18 people will lose their jobs because of the closure.
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Surprising that with the prices they were charging, still couldn't make a go of it, I guess there is always somebody bigger and cheeper moving in...
****************************************************************************
A major organic seed, feed and milling company headquartered in eastern Ontario is going to close its doors after hitting financial trouble in the midst of a more competitive industry.
Tom Manley, president of Homestead Organics, said the 30-year-old company will be closing its doors in a matter of days because of pressure from its creditors and banks.
"We know we are closing, that's for sure. Our last week will be a question of clearing out remaining inventory," Manley said.
The company started in Berwick, Ont., a town halfway between Ottawa and Cornwall, and, over the course of the last four years, expanded to Morrisburg and then Sebringville, near Stratford.
"Our mission is to serve and develop organic agriculture and after 30 years my head is high and I believe we have achieved that," he said.
Manley said 18 people will lose their jobs because of the closure.
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