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800 jobs gone

Arkansas Business: Cargill won't rebuild its meat processing plant in Booneville, destroyed by fire Easter Sunday. It had employed 800.

Comments

Well then Blanche Lincoln may want to pull the Cargill pork out of the Agri bill.. I believe its tied into the food stamp increases in its budget.. Sounds like 800 people are going to need help from their fellow citizen / taxpayers.. since Cargill is out of the picture.

Has anyone reported what the insurance pay off was on the plant? Any idea why they would take the money and run, instead of soaking up the sweet corporate welfare package the state offered them to keep all those high paying jobs on the line?

I'll just add Cargill products to my DON'T BUY list along side crap from Home Depot, Coors beer, Whirlpool and any joint that's hosted a visit from Cheney-Bush. We can scream bloody murder for the rest of our lives, but the only way to get the attention of a business is to cut off their profits. Don't do business with ass-wipes who hurt our people.....period.

JMP blew it up

Here's a couple of guys that could use some of that subsidy money. (Click my name)

I have to wonder if Eureka and DBI read the full article and press release. Cargill is just moving production to existing plants and the workers can transfer to their other plants, many of which are still in Arkansas. This sucks for Booneville, but Cargill is not doing anything wrong. They appear to be doing all they can't to make a bad situation better. They are even going to give 25k for another year to the Fort Smith United Way.

And if they had stayed in Booneville and taken the State incentives, how many of you would have been bitching about them doing that?

Not all big bussinesses are bad, and nothing in this article indicates that Cargill has acted badly.

dbi - boycotting Cargill products might prove to an impossible effort. It's the second largest private company in America. Regulation by responsible government is the answer.

Cargills own product page at my name

Nice web page Citizen Bryan!


Yes congrats on your web-vid-site Roderick.


>>It's the second largest private company in America. Regulation by responsible government is the answer.<<

Isn't my favorite candy maker, Mars Company, the largest privately held corp? I know the family is Rwing crazy.

April 29, 2008

With financing from Warren Buffett, candy maker Mars Inc. on Monday said it is buying confectioner Wm. Wrigley Jr. Co. for an estimated $23 billion in cash. Mars Inc. first approached Wm. Wrigley Jr. Co. with its unsolicited bid on April 11. The offer is $80 per share, a 28 percent premium to Wrigley's Friday closing price.

The agreement weds two of the country's most venerable confections companies, which each have long histories of family involvement and long ties to each other.


MARS
Founded: 1911.
Headquarters: McLean, Va.

Ownership: private company still owned by descendants of founder Frank Mars.

Status: world's second-largest candy maker (with Wrigley, it will top Cadbury as the largest).

Best-known brands: Snickers, M&Ms, Milky Way, Mars, Dove.

Sales: $22 billion.

Employees: 48,000.

Come on Max, can't you find a way to blame this one on Huckabee?

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