CAMBRIDGE CITY, Ind. – Sugar Creek Packing Co. has purchased the former Really Cool Foods Plant in Cambridge City, Ind., during a bankruptcy auction in the US Bankruptcy Court for the Southern District of Indiana in Indianapolis, according to local news reports. Sugar Creek Packing was the lone bidder for the plant at $13 million.
Sugar Creek Packing has five facilities in Ohio and Kansas, according to the company’s website. The company provides an assortment of raw and fully-cooked products for domestic and international distribution. It was founded in 1966 at Washington Court House, Ohio and was originally a raw bacon manufacturer. It has grown from 250 employees to 1,500, and has two plants in Dayton Ohio, one plant in Cincinnati, Ohio; one plant in Frontenac, Kan. and corporate offices in Washington Court House, Ohio.
In 2007, Really Cool Foods built a food processing facility, with promises of a $100 million investment in the community and jobs for 1,000 workers. But the company had problems, and abruptly closed its doors in November 2011, according to news reports. A hearing is scheduled for Aug. 21 in bankruptcy court to confirm the sale and give creditors a chance to object to the sale, according to news reports.