Company set to buy NORPAC for $49 million
SALEM, Ore. (AP) -- The Salem and Brooks vegetable processing plants owned by bankrupt NORPAC Foods could soon reopen after Lineage Logistics filed to purchase the company’s Oregon properties for $49 million, according to court records.
The Statesman-Journal reports that a bankruptcy judge is scheduled to hear the petition for the proposed sale Jan. 14 in bankruptcy court in Portland.
The sale would include NORPAC’s Willamette Valley processing facilities in Salem, Brooks and Stayton, along with the field shop in Quincy, Washington.