Company seeks peanut-butter plant for $18.5M

Published February 10, 2014 7:57pm ET



PORTALES, N.M. (AP) — A California company has made a bid to buy a New Mexico peanut-butter plant that went bankrupt after a salmonella outbreak shuttered its operations and prompted a nationwide recall.

The bankruptcy trustee for Sunland Inc., which was the nation’s largest producer of organic peanut butter, has requested the court approve selling the eastern New Mexico company to Ready Roast Nut Co. of Hughson, Calif., for $18.5 million.

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