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Waukesha Business

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Tuesday, January 8, 2013

California Investors File Bankruptcy for Golden Guernsey

Expenses for Waukesha dairy, which shut down without warning on Saturday, exceeded revenues, according to OpenGate Capital.

OpenGate Capital has declared bankruptcy for the Golden Guernsey plant in Waukesha, which led to the plant’s shutdown on Saturday, the company said Tuesday. More than 100 employees were left without answers when the plant shut down. One employee, Robert Storm, has filed a complaint with the Wisconsin Department of Workforce Development because the employees did not receive 60 days notice before they lost their jobs. Online federal records did not yet have a bankruptcy notice posted late Tuesday. The company started in 1930 as a farmer-owned cooperative in Milwaukee, and by 1935, Golden Guernsey delivered milk to the homes of 20,000 customers in Wisconsin, according to its website. By 1955, construction began at its current facility at 2101…

In this Article:

UPDATE: Golden Guernsey Dairy Closes Its Doors (in Waukesha Patch), Dairy Workers, Plant Employees Seek Answers After Golden Guernsey Closing, Golden Guernsey Employee Files Complaint Over Plant Closure (in Waukesha Patch), and 2 more ›

John Smith

7:06 am on Thursday, January 10, 2013

It is Obama's fault. He is doing nothing to fix our situation. Redistribution of wealth doesn't work. Whoever said " I want to work for a poor man?" Its only a matter of time before he has us all jobless and you will be wondering what happened. Stay informed and think about it. Profit is not a dirty word.   more ›

Monday, January 7, 2013

Dairy Workers, Plant Employees Seek Answers After Golden Guernsey Closing

Employees of Waukesha dairy are frustrated with the lack of information about paychecks and health insurance after business shut down Saturday with no warning.

Story updated at 5:15 p.m. Monday with details on state helping workers The parking lot at Golden Guernsey is quiet – only a few cars are parked at the dairy processing plant. The semi trucks that haul processed milk from the Wisconsin facility are stationary. A handful of employees were milling around outside Monday afternoon, hoping to get into the factory to remove their personal belongings. After waiting around in the cold, unable to gain entrance to the building and frustrated with unanswered questions, the workers finally gave up on getting their items for the day. Some of them were still unaware the factory had closed until they showed up for work. They only hoped it was an ugly rumor. “We are totally lost,” said a 20-year veteran …

In this Article:

Dean Foods in Waukesha Ordered to Sell Milk Plant (in Waukesha Patch), Golden Guernsey Purchase Now Complete (in Waukesha Patch), UPDATE: Golden Guernsey Dairy Closes Its Doors (in Waukesha Patch), and 1 more ›

burnaka

8:24 pm on Thursday, January 17, 2013

Funny but actually now Dean Foods might be able to buy it back. Here is why. Part of the DOJ ruling against Dean stated that Dean had to clear any purchase, of any bottling plant with the DOJ if the purchase price was above a certain dollar figure. There was no restrictions on the amount of milk they would be then able to sell, just on the purchase price. Not saying Dean would necessarily want …   more ›

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