Iowa, Minnesota egg plants sold to Nebraska firm
BRITT, Iowa (AP) — A Nebraska subsidiary of a Minnesota food company has bought egg processing plants in Iowa and Minnesota.
The sale of Primera Foods Corp. to M.G. Waldbaum Co., of Wakefield, Neb., is expected to be completed Thursday. M.G. Waldbaum is a subsidiary of Michael Foods, of Minnetonka, Minn.
The Mason City Globe Gazette reports (http://bit.ly/122gdlS ) that the $35.7 million deal includes the Primera Foods plant near Britt, Iowa, and one in Altura, Minn.
Primera processes eggs into liquid and dry forms used by bakeries, schools, restaurants and other customers.
Michael Foods spokeswoman Diane Sparish says her company expects to retain all 53 permanent employees at the plant near Britt.
Information from: Globe Gazette, http://www.globegazette.com/