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Stock impact report

Century Old Meat Producer Goes Bankrupt After 'Temperature Abuse' [Yahoo! Finance]

Americold Realty Trust, Inc. (COLD) 
Last americold realty trust, inc. earnings: 2/20 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.americold.com
Company Research Source: Yahoo! Finance
The company, now based in Salisbury, North Carolina, makes a lot of meat, from pastrami and roast beef to other specialty items. However, the company is perhaps most known for corned beef. The family-owned business says it controls more than 40% of the New York Metro and New England markets. The company says Freirich corned beef is eaten more than any other brand. Earlier this month, the company filed for bankruptcy protection after 1.2 million pounds of corned beef went bad at a partner's cold storage facility. Freirich Foods told Freight Waves that it is the victim of "temperature abuse" after losing more than $7 million in product. Most Read on IEN: Podcast: Lucid's Illegal Severance; Boeing CEO Steps Down; Tyson's Hiring Practices Is 'Coldscreen' the Next Sunscreen? About 1,400 Workers at Ford Electric Pickup Plant to Transfer or Take Retirement Robot Disguised as Coyote or Fox Will Scare Wildlife Away The company's CEO, Paul Bardinas, says Freirich took out abou Show less Read more
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