Minneapolis Pork Plant In Trouble As Inflation Crimps Demand
April 14, 2023 at 19:20 PM EDT
US food processing plants are under severe pressure as soaring inflation has crimped consumer demand for meat while the cost of doing business soars. According to Bloomberg, HyLife Foods is searching for a buyer for its pork plant in southwest Minneapolis. It purchased the plant three years ago, which processes upwards of 1.2 million hogs annually. […] Source
