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Tuesday, October 9, 2012

Rexburg creamery to close doors, despite Wal-Mart deal

This broke today on StateImpact, a collaboration between Boise State Public Radio and NPR. Reporters Molly Messick and Emilie Ritter Saunderstravel the state to explain how economic issues affect you. Sign up for their Twitter feed.

You can read it for yourself, but before you do this is the quote that jumped out at me, from Reagan Wood, president of the company:  "(The) banking industry has had some changes to where they’re not willing to lend money to a 100-year-old company that has little or no debt.”

https://stateimpact.npr.org/idaho/2012/10/09/idaho-creamery-closes-its-doors-after-striking-wal-mart-deal/