PASO ROBLES, Calif. – The building that was formerly home to the Paso Robles Meat & Sausage Company in Paso Robles, Calif., has been purchased out of bankruptcy court by The Hearst Corporation. Hearst is leasing the shuttered plant to Kaney Foods, a well-known foodservice company operating in San Luis Obispo County since 1955. Kaney plans to reopen the plant in late July as White Stone Meat Packing.

The sale was approved earlier in June in Federal Bankruptcy Court in Santa Barbara. The meat-processing facility had been in receivership since June 2009 and was closed by the court last March.

The facility is now U.S.D.A.-certified, number 40268, and will provide quality butchering and custom cut-and-wrap services for the local ranch community, wild game hunters and local fairs.

“We are especially committed to opening in time for the Mid-State Fair,” said John Kaney, owner and chief executive officer of Kaney Foods. “We are a full-service company, and we look forward to continuing our tradition of offering a quality product that meets the needs of our local ranchers, markets and restaurants.”

The Hearst Corporation has been in the cattle business since 1865 and produces grass-fed beef on ranches in San Simeon and Cholame.

“We have worked with John Kaney and Kaney Foods for a number of years and know first-hand their integrity and the quality of service they provide,” said Hearst Ranch Beef Division Manager Brian Kenny. “We are confident this new business venture will be a great success.”