fbpx
Home / Today's Top Stories / In a pickle, Vlasic files for bankruptcy

In a pickle, Vlasic files for bankruptcy

Vlasic Foods International Inc. today filed for Chapter 11 bankruptcy and agreed to sell its core pickle business and barbecue-sauce line to H.J. Heinz Co. The deal is expected to help the New Jersey-based Vlasic emerge from bankruptcy. Vlasic will sell its pickle line and Open Pit barbecue sauce line for $195 million. The pickle business and the barbecue sauce line had combined sales in fiscal 2000 of some $300 million.

x

Check Also

Ron Billitier is president of Billitier Electric LLC, which is celebrating its 50th anniversary. (Provided)

Ensuring there’s a can-do attitude at Billitier Electric (access required)

When one company has been in business for 76 years, which is the case for LeChase Construction Service LLC, and ...

Regional Distributors was founded in 1994 and employs about 70 people. (Provided)

Regional Distributors keep moving (access required)

A smooth sea never made a skilled sailor, Franklin Roosevelt once said. That seems to be the mantra for many ...

scottteaser-215x160

Should Bills consider a name change, too?

Peter Jemison is a die-hard Buffalo Bills fan. Has been for decades. He’s also a proud Native American — a ...