(AP) – The Arkansas Department of Agriculture has closed a
Pine Bluff rice mill after the company laid off 35 workers without notice while
defaulting on $10 million in state loans.Department spokesman Adriane Barnes tells the Arkansas Democrat-Gazette that
the “cease and desist” notice issued to Southwind Milling Co. prohibits the
movement of rough rice in or out of the mill.
Pine Bluff rice mill after the company laid off 35 workers without notice while
defaulting on $10 million in state loans.Department spokesman Adriane Barnes tells the Arkansas Democrat-Gazette that
the “cease and desist” notice issued to Southwind Milling Co. prohibits the
movement of rough rice in or out of the mill.
Barnes says the company will be required to remain closed until it secures
more bonds or finds more cash capital and can once again comply with the state
Public Grain Warehouse Act.
Barnes says the department’s decision for the closure was prompted by
“financial deficits” found in company records when it sought to renew its state
license to store grain.
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