NEW JERSEY: Company buying Topps Meat assets for $825G - (Herald News)
December 21, 2007 – 5:35 pmMSDT Acquisition Corp., an affiliate of the Hawthorne-based company Premio Foods Inc., is in the process of purchasing all the Topps Meat Co. equipment, trademarks and beef, some of which may be contaminated.
An Elizabeth-based meat company, Topps went bankrupt in September after a recall of 21.7 million pounds of beef patties that possibly contained the E. coli virus.
It was the second largest beef recall in U.S. history and caused 40 people in eight states, including New Jersey, to become ill. Topps was previously the largest manufacturer of frozen hamburgers.
The 43-year-old Premio Foods company makes more than 20 varieties of Italian sausage, according to its Web site.
MORE:
http://www.extension.iastate.edu/foodsafety/news/fsnews.cfm?newsid=23413
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