Puratone Files Bankruptcy
Fri Sep 14, 2012 10:35 AM CDT

WINNIPEG, Manitoba (Dow Jones) -- Puratone, one of the three largest hog producers in Manitoba, has filed for creditor protection, making it the second major hog company in western Canada to run into problems this week, following Big Sky Farms in Saskatchewan.

The Court of Queen's Bench has granted Puratone protection from creditors for 30 days, according to reports. During that time, the company must come up with a plan for dealing with its creditors and restructuring.

"We have streamlined operations significantly over the course of the past 24 months to minimize the cash-flow burdens associated with operating in this ...

Quick View
Related News Stories
West, Texas, Rebuilds
Washington Insider
PED Still Spreading; SDCV Discovered
PED to Dent Hog Production
Hog Virus Concerns Grow
Canadian Agency: No Feed, PED Link
PED Suspected On Manitoba Hog Farm
PED Impact on Pork Market Uncertain
ISU Vets: PEDV Present, Spreading
Smithfield: No Pig Gestation Crates