Local

Northern Beef Packers To Be Sold At Auction

Northern Beef Packers To Be Sold At Auction

SIOUX FALLS, S.D. (AP) — Potential buyers of an idled, bankrupt South Dakota beef plant have until Friday to apply to become qualified bidders for the upcoming auction.

A minimum bid of $12.75 million was set for Northern Beef Packers — a fraction of the roughly $115 million invested on the plant and equipment.

The sale includes the Aberdeen plant’s property, fixtures, improvements, machinery, equipment and supplies.

The U.S. Bankruptcy Court will determine which applicants can participate in the Dec. 5 auction at the federal courthouse in Sioux Falls. An investment banking firm working with Northern Beef, White Oak Global Advisors, is automatically deemed a qualified bidder.

Northern Beef opened on a limited basis in 2012 after years of delays but closed after it didn’t have enough money to buy cattle for slaughter.

Recent Headlines

in Local

Marciella Diaz has been sentenced to 80 years in prison

gavel

Marciella Diaz has been sentenced to 80 years in prison for her role in the killing of 15-year old Jasmine Guevara in 2009

in Local

Sanborn County Official Hoping For New Leads In Missing Woman Case

Rachel Lucille Cyriacks

32-year old Rachel Cyriaks of Woonsocket was last seen in Mitchell in November of 2013.

in Local

BAC Results Released For Man Killed In Mitchell Crash

police 3

Ryan McManus, 33, was killed in a car accident on March 14th.

in Local

Fischer Sentenced To More Than 30 Years In Prison

courtroom

The July 2013 accident killed two people.