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Showing posts with label Universal Food and Beverage. Show all posts
Showing posts with label Universal Food and Beverage. Show all posts

Monday, October 8, 2007

Bankrupt plant finds buyer

A shuttered and bankrupt coastal manufacturing plant has a buyer. A judge has given Universal Food & Beverage permission to sell the facility to a California buyout firm. The deal is worth $6.6 million dollars and is subject to higher bids at auction. Universal Food & Beverage filed for bankruptcy on August 31st. Bidding on the plant that covers almost 15 acres in Savannah is scheduled for October 25th.

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