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Turner apple grower bankrupt
Cooper Brothers LLC, an apple grower and wholesale apple distributor in Turner, filed for Chapter 11 bankruptcy this week.
The company owes its secured and unsecured creditors roughly $4 million, while its assets stand at $673,000, according to its bankruptcy filings. Its largest Maine creditors include Northeast Bank, which is owed $1.4 million; Farm Credit of Maine in Auburn, which is owed nearly $540,000; and Apple Mountain LLC in Wales, which is owed $316,000.
Two affiliated companies, Cooper Packing Inc. and K.W. Cooper & Sons LLC, a real estate and equipment holding company, filed for bankruptcy the same day. K.W. Cooper & Sons lists liabilities of $62,000, while Cooper Packing lists no assets or liabilities.
A meeting of creditors has been scheduled for July 21.
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The Giving Guide
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
-
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
-
Senior Smart
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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