Lady Forest Farms and Forest Packing of Forest, Miss., filed for bankruptcy and the company is selling a substantial portion of its hatchery and feed assets.
The company's assets for sale include a hatchery, 12 pullet houses, 11 breeder houses, feed mill, processing plant, office building, a separate 65-acre plot act and a pine plantation lot over 1,000 acres. Stephen Smith of Smith & Company P.A., the Chapter 7 trustee charged with maximizing the value of the assets, says he hopes to get the company back in operation.