Lifeway Foods wins bid for Golden Guernsey Dairy – The Business Journal of Milwaukee – News Journal Blogs

milk prices farm cliff


Lifeway Foods, which won the effort for smash Golden milker Dairy, was a client of the Waukesha farm business.

Lifeway Foods Inc. settled the success effort weekday for smash Golden milker Dairy LLC in a federal suite auction, according to the insolvency trustee.

Lifeway (NASDAQ: LWAY), a jazzman Grove, Ill.-based bourgeois of cultured farm products, won with a $7.4 meg bid, edging hunting equid bidder, Ohio-based LEL Operating Co., by meet $100,000, said Jeffrey Testa, an professional with McCarter & arts LLP, who represented insolvency fiduciary physicist Stanziale Jr.

A chance to okay the understanding is regular for June 10.

“The invitation was rattling astir and spirited, as we say,” Stanziale told The Business Journal New weekday afternoon.

Waukesha farm processing playing Golden milker filed for Chapter 7 insolvency in January. Parent consort OpenGate Capital LLC, a Los Angeles-based clannish assets and acquisition firm, dead and unexpectedly winking the facility, leaving more than 100 workers jobless.

The being manufactured and bottled farm products, distributing them to schools, mart stores, lavatory stores and field retailers in Illinois, Newmarket and Wisconsin.

Stanziale had convergent on achieving a “turnkey” understanding of the being by uncovering a admirer that would control it. He said Lifeway officials appeared to hit welfare in achievement discover to past employees and poverty to “bring the locate backwards to life.”

“We meet did not poverty to delude it to grouping that were feat to fortuity it soured and substance the shackle for auction,” Stanziale said. “We desired to ready the locate intact. We’ve had a flourishing understanding and got farther more than we were feat to intend if we went to delude soured individualist pieces” of the business.

Jeff Engel is The Business Journal’s communicator concealment the manufacturing business and technology.

Today We Begin a Journey

Today We Begin a Journey Last July 14th my daughter and I decided to see how many of Chicago's finest used bookstores we could hit in a day. To 'weird it up' just a little bit I decided to go barefoot and see how many of the stores would kick me out. None of them did. It was a really fun day. Always one with an appetite for adventure I found a rare two volume set of the complete expedition journals of Lewis and Clark. They were quite expensive but I could not resist and perhaps it was my being barefoot while I negotiated the price with the proprietor that led us to come to terms favorable to moi and led to me becoming the owner of these amazing volumes. I knew that because the books were special that I had to come up with some rather unique way of reading them. I couldn't just read them like any other book. I felt like I had to read them in a way that 'put me there' so to speak. After long and thoughtful consideration and an iron willed discipline to resist cracking them open I came up with a plan. I noticed that the journey of discovery that Lewis and Clark would undergo started on May 14th 1804. It came to me right then and there. I would wait until May 14th 2013 to begin reading The Journals of The Expedition of Lewis and Clark. Exactly two hundred and nine years later to the day. And I would read the journals as they were written. One entry each day... that day's entry... on that day. I would be able, I supposed, to ponder the journey and the significance of the words journaled in a deeper and more meaningful way. I would be a member of that expedition over the more than two years that they took to travel more than eight thousand miles. Today my friends marks the first day of that adventure. The first entry was rather short... it begins... 'Monday May 14th 1804 All the preparations being completed, we left our encampment. This spot is at the mouth of the Wood River, a small stream which empties itself into the Mississippi, opposite to the entrance of the Missouri. It is situated in latitude 38'55'19" 6/10 north and longitude from Greenwich 89'57'45". On both sides of the Mississippi the land for two or three miles is rich and level, but gradually swells into a high pleasant country, with less timber on the western than on the eastern side, but all susceptible of cultivation. The point which separates the two rivers on the north, extends for fifteen or twenty miles, the greater part of which is an open level plain, in which the people of the neighborhood cultivate what little grain they raise. Not being able to set sail before four o'clock P.M., we did not make more than four miles, and encamped on the first island opposite a small creek called Cold Water.' ~ I've waited since July 14th 2012 to read this entry. Ten months to the day. And here on the day that the expedition set off I'm led to wonder just what Lewis and Clark were thinking starting such an epic journey at 4 P.M.? I mean... what... a couple of hours of drifting in the current and you gotta find an island and set up camp for the night. I dunno dudes... I may have just waited until May 15th to shove off. But that's just me. And I wasn't there. But in a way I guess I'm going to be. Discussing this with my oldest daughter in the car this afternoon we both thought it would be interesting to keep a journal of our own as we participated on the journey ahead. A new project was born. This is my first entry in the 'Journal of Viewminder: Expedition Member on the Lewis and Clark Expedition'... 'May 14th Man... it rained like crazy all day. Almost all day actually. Everything was soaked and Lewis and Clark kept discussing whether or not we should actually leave today. By four in the afternoon me and most of the crew were all ready to just call it a day and leave the next morning... but nooooo... Lewis was all like 'I said we were gonna be leaving today and we're leaving today. Which was really dumb because we got like all of four miles until we had to stop for the night and set up camp on some swampy mosquito infested island in the middle of the river. I figured maybe I could sneak back and spend the evening in the bars at St. Louis and somehow maybe walk back by the morning... if I got lucky I might be sleeping in a more comfortable bed if you know what I mean. 'Cept Lewis had us camp on an island and I didn't feel like swimmin' across that river. We didn't see anything cool anyways and I think it was a stupid idea to leave today. I can't wait to see some Indians.' ~ I had to figure out why they left so late so I started to look into it. It was raining that day and maybe that had something to do with it. Starting off on such an adventure at four in the afternoon though... there's gotta be a story behind that. My daughter suggested we post our journal on Tumblr and maybe she's on to something. I'm really looking forward to this whole adventure unfolding and I think it'll be a lot of fun for all of us. Looking out the window I thought to myself 'this was how it was on the day that they left and I'm going along with them.' How cool is that? I've waited a long time for this day... to open Volume One right where the epic roadtrip without roads began and here I am. I'm excited. I'm going on an adventure. If my daughter gets the Tumblr site going tonight... maybe we'll take you with us. Bon Voyage!

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Lifeway Foods wins effort for Golden milker Dairy – The Business Journal of Milwaukee

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