Max Herbold sells physical plant, will continue business
Max Herbold sells physical plant, will continue business
Max Herbold Inc. in Burley, ID, which has been in the potato packing business for 60 years, is selling its physical facility and will continue in business at a new location, according to Dennis Herbold, the company's president and the son of its founder.
"I am selling the building and physical assets," Mr. Herbold said, "but I did not sell Max Herbold Inc., and we are going to continue to be in business. We will be here until the first of August. After that, we will be in a different location, but Max Herbold Inc. will still be in business."
Mr. Herbold said that he was not yet ready to disclose additional details regarding the sale of the facility except to say that it "will be used for something completely different from what it has been in the past."
He said that he sees the sale as a positive thing for the company. "We are looking forward to it," he said. "We had the opportunity to do this and made that decision."
The company has occupied its present facility for about 10 years, which has the capacity to pack about 9,000 hundredweight of potatoes a day.
"I am selling the building and physical assets," Mr. Herbold said, "but I did not sell Max Herbold Inc., and we are going to continue to be in business. We will be here until the first of August. After that, we will be in a different location, but Max Herbold Inc. will still be in business."
Mr. Herbold said that he was not yet ready to disclose additional details regarding the sale of the facility except to say that it "will be used for something completely different from what it has been in the past."
He said that he sees the sale as a positive thing for the company. "We are looking forward to it," he said. "We had the opportunity to do this and made that decision."
The company has occupied its present facility for about 10 years, which has the capacity to pack about 9,000 hundredweight of potatoes a day.