83-year-old family-run turkey farm abruptly shutters... just two years after being bought by private equity
An 83-year-old family-run turkey farm is set to close, just two years after being taken over by private equity. Foster Farms in California's Central Valley announced in January that it is set to close its fresh turkey processing plant on May 9. The closure of its Turlock plant will result in the loss of 519 jobs, but affected employees will be given the option to transfer to the Foster Farms locations in Livingston, Fresno or Porterville.
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