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Jul 16, 2010 01:40 PM

Kerr Farms Bankrupt?

I heard that Kerr Farms declared bankruptcy last week. Can anyone confirm this?

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    1. re: gregclow

      Saw a rumor to this effect a year ago on the net. It definitely needs confirmation.

    2. I don't know if they have declared bankruptcy or not, but have heard from a few friends in the industry that they have suspended operations.

      I'm sure it has left more than a few Toronto restaurants scrambling...

      4 Replies
      1. re: echoamphitheatre

        wouldn't say scrambling as alternatives are easily found, plenty of meat suppliers in the city doing "naturally raised".

        it is a loss nonetheless...

        1. re: aser

          It is a loss for those of us who applaud the efforts of businesses like Kerr Farms. I just hope they had the sense to keep their cattle operation and their tomato farm as separate entities for business purposes: Kerr Farms supplies the tomatoes for Thomas Utopia canned organic tomatoes.

          1. re: Tatai

            I agree. Pity about the whole thing. I will miss Kerr.

      2. I got a phone call from a cattleman yesterday saying there is an announcement in a farm newspaper that the beef operation is in receivership. I havnt seen the article yet but im not surprised - the beef operations been broke and in debt for a few years. The vegetable/tomato farm - 100% owned by the Kerr family unlike the beef operation which was a partnership with some Toronto guys - is doing fine and hopefully wont get dragged down by the financial loss.

        1 Reply
        1. re: CowboyMKL

          Receivership and bankruptcy are very different things

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