Caviness Packing, with locations in Amarillo and Hereford, is closing its beef operations in San Angelo after deciding the proposed purchase of San Angelo Packing was not in its best interests.
“We had entered a letter-of-intent agreement. Part of our due diligence was running the operation,” Caviness President Trevor Caviness said. “We ran it for about five weeks and felt like it was not the right fit for us.”
The companies announced the agreement in mid April, and the last day of processing operations was Thursday.
“We wanted to cease operations sooner rather than later,” Trevor Caviness said. “We’ll wrap up this weekend.”
To read the rest of the story, please go to: Amarillo Globe News