Equipment formerly owned by Zacky Farms will be sold via online auctions in March.
Zacky Farms, which had a history dating back to 1928, announced in October 2018 that it would cease all operations in January 2019. The company, which at the time was the 18th largest turkey company in the United States, filed for Chapter 11 bankruptcy on November 13 in the California Central Bankruptcy Court.
Farm equipment will be sold on March 5, while Zacky Farm’s processing equipment and associated real estate will be sold over a two-day online auction beginning March 12, according to a press release from Tiger Group.
Pursuant to a foreclosure process, Tiger Group, in cooperation with Barliant Auctions, is now accepting bids for the farm equipment. Equipment to be sold includes farm tractors, poultry haulers, feed trailers, water trucks, pickup trucks, vans, semi tractors, poultry trailers and utility trailers.
Tiger Group stated that it is accepting offers for complete facilities or large blocks of the processing assets. Offers are being accepted for slaughter, whole bird packaging, boning and hot dog processing facilities, as well as the associated real estate.
“Food processing, agricultural, transportation and other companies will find tremendous value in the wide range of specialized assets and rolling stock presented in these auctions,” Wayne Hecht of Tiger’s Commercial & Industrial Division, said in the press release.
At the time Zacky Farms announced its decision to cease operations, company founder Lillian Zacky said: “After four generations and an enormous effort to keep the company in synch with the fast pace of changing times, we are no longer to keep up with business as usual. We have put our best foot forward, but as we struggled in the current state of the industry conditions, it has been impossible for us to continue profitably.”
In 2017, Fresno-based Zacky Farms, processed 82.96 million pounds of live turkeys.
