The J&B Group-owned Pipestone, MN, beef processing plant is up for sale. Operations are being consolidated by moving Pipestone production to the company’s St. Michael headquarter facility.
The Pipestone plant has been in operation for 12 years and employed 145 people. All “impacted associates” will have opportunities in St. Michael and will be eligible for relocation assistance, the company said in a statement.
The plant’s operations will cease to operate by Nov. 22 or within two week after. “The decision to sell the Pipestone facility is a result of a number of factors: a change in the product portfolio; the investment of $7.2 million in anticipation of new business that did not materialize; and our desire to invest in infrastructure at the St. Michael facility,” said J&B President Chuck Weum.
“By consolidating our operations, we gain efficiencies that will allow us to capitalize on growth opportunities while creating value in the marketplace.”
