Farms.com Home   Ag Industry News

Ohio Company Offers $5.5 Million for Golden Guernsey Dairy Plant

Offer to Buy Bankrupted Golden Guernsey Dairy on the Table

By , Farms.com

There is an offer of $5.5 million on the table to buy the Golden Guernsey Dairy plant in Waukesha, Wisconsin. The offer was made by a parent company of an Ohio dairy processor.

Court filings show that LEL Operating Co. has not only made an offer to buy the plant, but has also put down a $500,000 deposit. These findings were filed in the U.S. Bankruptcy Court in Delaware.

The plant has been closed for two months, which resulted in a loss of more than 100 jobs. The dairy processor has been in the area for more than 80 years.

The deal is still subject to go through the bidding process – to date, no hearing has been set.


Trending Video

U.S. Trade War Returns, But New Tax Bill Sparks 2026 Optimism

Video: U.S. Trade War Returns, But New Tax Bill Sparks 2026 Optimism


Trump is threatening 50% tariffs on EU goods and 25% on non-U.S.-made iPhones by June 1. A stronger-than-expected U.S. tax bill could add 0.5% to GDP by 2026. Funds took profits in ag, rode a 20% rally in stocks, and are now rotating back into commodities. Wet U.S. weather holds through June 7, but hot/dry conditions may return to the Western Corn Belt later in June—raising weather scare concerns. AAFC forecasts 609,000 tonnes of canola feed, waste, and dockage. OPEC+ hints at more oil output, cattle on feed report was bullish, bitcoin hits new highs, and milk prices are up 20% in two months.