Business & Tech
WISN: New Golden Guernsey's Owner Share Plans for the Future
Owners plan to open the plant this summer and produce organic products.
Patch media partners WISN 12 News spoke to the CEO of the Illinois company that bought the bankrupt Golden Guernsey.
Lifeway Foods Inc., of Morton Grove, IL., bought the company for $7.4 million on Tuesday.
Golden Guernsey closed in January and announced bankruptcy, leaving more than 100 employees displaced.
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CEO Julie Smolyansky told WISN 12 News the company has been needing more capacity and space than its already-cramped headquarters in Morton Grove. She is hoping to double capacity with the purchase of the Waukesha plant that is planned to reopen in the summer.
Lifeway Foods, producer of frozen kefir and probiotic cheese products, might bring back the Golden Guernsey brand of milk but anything they produce will be organic, GMO-free.
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Related stories:
- Former Golden Guernsey Employees Given Access to 401K Benefits
- Schools Switch Milk Providers in Wake of Golden Guernsey Shutdown
- Golden Guernsey Creditors Support Sale If They Can Recover Claims
- $5.5M Purchase Offer Placed for Golden Guernsey
- Golden Guernsey Sale Can Save Jobs of Displaced Workers
- Leftover Golden Guernsey Milk Donated to Hunger Task Force
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