The Golden Guernsey dairy plant in Waukesha was sold at a bankruptcy auction Tuesday to Lifeway Foods Inc. of Morton Grove, Ill., for $7.4 million.
The plant employed 112 people before it closed Jan. 5 and left dozens of school districts scrambling for another milk supplier.
Lifeway – which makes kefir, a dairy product similar to yogurt – says it would like to reopen the Waukesha plant this summer, employing as many people as possible.
The company, with plants in Illinois and Pennsylvania, had $89.8 million in sales in 2012 and is traded on the Nasdaq stock exchange. It has about 360 employees.
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