Canned Food Giant Del Monte Files for Bankruptcy

Date:

Canned Food Giant Del Monte Files for Bankruptcy

Different varieties and brand canned vegetables at a grocery store in Detroit, Mich., on June 7. 2018. Shutterstock

Del Monte Foods, one of the largest producers and distributors of canned food in the United States, filed for bankruptcy, the company announced on July 2.

Del Monte commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of New Jersey on July 1 and is looking at selling substantially all of its assets. Del Monte was founded in 1886.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Russia Frees Former US Marine Robert Gilman, Trump Says

Former U.S. Marine Robert Gilman attends a court hearing...

French Press Association Calls for Action Against Google Over AI Search Summaries

France’s largest press association on Aug. 11 asked the...

Small Businesses Want to Hire, but They Cant Find Workers: NFIB

U.S. small businesses plan to bolster their hiring efforts,...

FBI Director Vows to Annihilate Scam Compounds Targeting Americans

WASHINGTON—Deep in the jungle in Southeast Asia, behind high...