Sam Kane’s Corpus Christi Beef Plant to be Auctioned off, Employees Furloughed

The sale of Sam Kane Beef Processors LLC to a buyer has fallen through, and now the troubled meat company is looking to unload its property at auction.

Potentially hundreds of jobs are in limbo and likely to be trimmed, company officials say.

Eight potential buyers at one point submitted bids to buy the struggling Corpus Christi beef company, but one, from an unnamed company, had emerged as the best offer.

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