PIP bids on bankrupt Windom pork plant

Premium Iowa Pork has reportedly offered to pay $13 million for the bankrupt HyLife Foods pork processing plant in Windom.
The plant, which was converted from a beef processing facility in 2016, has the capacity to process 1.2 million hogs per year and employed more than 1,000 employees.
The outcome of the sale will hinge on proceedings in bankruptcy court, and PIP officials are withholding comment until those proceedings are complete.
The Hospers, Iowa, company spent $30 million in 2019 to establish its antibiotic-free pork processing business in Luverne.
Premium Minnesota Pork expanded the 78,000-square-foot building to 145,000 square feet and now processes 4,000 hogs per day with roughly 450 workers.
It later added a 10,000-square-foot, $7 million cooler to the operation.
The company is now considering an additional $70 million processing facility that would add more than 90 jobs in Luverne’s industrial park near its current pork processing facility along County Road 4 west of town.
PMP has not yet broken ground on that project that would process pork for bacon, smoked hams, case-ready products and ground pork.