A federal bankruptcy judge approved the conditional sale of three former NORPAC plants in the Salem area Tuesday.
That follows months of uncertainty for the farmers’ cooperative in the Willamette Valley. NORPAC was a big employer and a major processor of fruits and vegetables.
A global cold storage company known as Lineage Logistics plans to buy the facilities for $49 million.
Not all the plants will reopen, though. Another company intends to consolidate operations down the road.
The sale is conditional on the resolution of preexisting labor contracts.
This story will be updated.
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January 15, 2020 at 08:21AM
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