Grant Family Farms Closes Down, Files For Chapter 7 Bankruptcy
Grant Family Farms has closed down. Grant Family Farms has been open since 1953, but had to file for Chapter 7 bankruptcy, putting at least 50 more hard-working Northern Coloradans are out of work.
Grant Family Farms was an organic Community Supported Agriculture (CSA) farm. And according to the Coloradoan, Grant Family Farms CSA was one of the biggest in the country with around 4,500 members. They grew over 150 kinds of vegetables and 34 kinds of beans and corn and are (were?) located in Wellington, Colorado.
Apparently farm employees were told about the possible bankruptcy filing a few weeks ago and that filing became a reality on December 28th, 2012. (The farm had already filed for bankruptcy twice before, they filed for Chapter 11 in 2006 and 2007.)
The silver lining is that there is a chance the farm could reopen again someday. In their press release about the closing Grant Family Farms said,
Grant Family Farms is confident that some things are worth saving – and believes that this community-supported farm is one of them. The farm is working hard and is hopeful that it will emerge from this disappointing situation better than it went in.
Judging by the outcry of support to the Facebook post they did with the bankruptcy information, I'd say a lot of people are not happy about the closing. It' s very sad news for Northern Colorado and for all those who are now looking for another way to earn a paycheck.
Picture by innacoz, Flickr.