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CEO NA Magazine > News > Borden Dairy

Borden Dairy

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- Borden Dairy
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Borden Dairy Co. se declara en quiebra alegando una deuda insoportable.

El procesador y distribuidor privado de lácteos de EE. UU., Borden Dairy Co., se declaró en bancarrota, convirtiéndose en el segundo mayor vendedor de leche de EE. UU. En hacerlo en dos meses, según Bloomberg , ya que las presiones competitivas, la disminución del consumo y la caída de las ganancias hicieron que su deuda carga insostenible.

Borden, one of America’s oldest and largest dairy companies said it had net sales of $1.2 billion in 2018, but that resulted in a net loss of $14.6 million. From January 2019 through December 7, Borden reported a net loss of $42.4 million, according to its bankruptcy filing, CNN Business reports. In its Chapter 11 filing in Delaware, Borden Dairy listed assets and liabilities of between $100 million and $500 million. The case is Borden Dairy Co., 20-10010-CSS, U.S. Bankruptcy Court for the District of Delaware.

“Si bien la leche sigue siendo un artículo del hogar en los  Estados Unidos , la gente simplemente bebe menos (…) Paralelamente, desde el cambio de siglo, el número de granjas lecheras de EE. UU. Ha disminuido rápidamente”, dijo el director financiero Jason Mónaco en documentos judiciales.

La compañía con sede en Dallas, fundada hace más de 160 años, dijo en un  comunicado  que las operaciones normales continuarán mientras elabora un plan de recuperación. Para continuar operando en bancarrota, Borden necesita abrir una cuenta que contiene  $ 26.6 millones  que estableció en 2017 para pagar un acuerdo con dos fondos de pensiones, dijo Monaco.

Tags: BankruptcyBorden DairyCEOCEO NorthamDairy productsMilk

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