Dairy farm near Topeka files for bankruptcy
The owners of a dairy farm near Topeka say they have filed for Chapter 12 bankruptcy because continued drought and heat reduced the amount of quality feed and increased stress for the operation's 55 cows.
Iwig Family Dairy issued a news release saying its output was further compounded by higher fuel and energy costs.
The Associated Press reports the dairy operates out of Tecumseh, just east of Topeka, and has been run by the Iwig family since 1910. It started dairy production, bottling and retail services in 2005.
The dairy will have 90 days to create a reorganization plan to provide for payment to its creditors.
The company says it will continue its operations and pay its employees, with its retail locations in Topeka, Tecumseh and Lawrence. Those locations will remain open.
This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.