Unpaid bills mounting at new beef-processing plant

ABERDEEN | Unpaid bills and contractor NFL Custom Jerseys complaints are mounting up at a $110 million beef-processing plant in northeastern South Dakota that is scheduled to open this year. Brown County records demonstrate that contractors have filed liens much more $1.3 million against Northern Beef Packers since Jan. 1, about $1.2 million the fact that has not been paid. Documents show the rose owes more than $10 million from previous years. David Palmer, Northern Beef Packers CEO and president, tells the American News in Aberdeen to obtain does not have enough money to repay its bills because doing so has not sold every bit of its Tax Incremental Finance (TIF) bonds, and hasn't secured financing off their sources. We have a very good limited fortune and we are paying contractors working for us now, and we all can get the plant open, Palmer said. It is a choice now we have made. A sensible way to get all the creditors paid would be to buy the plant open. Palmer estimates how much from previous liens before this year to be about $6.7 million. SBI General and Mechanical, a welding company in Waterbury, Neb., filed a lien against Northern Beef Packers on March 2. Company spokesman Eddie Seneviratne said he was told the flower didn't have the bucks and SBI was asked to become investors by collecting TIF bonds. We decided not to want TIF bonds, Seneviratne said. We wanted payment. The 420,000-square foot facility Personalized Washington Redskins Jersey offers to process about 200 cattle a day, eventually ramping as many as 1,500 head in one day from the Dakotas, Nebraska, Iowa and Minnesota. The plant currently has about 200 employees, however crew is predicted reach 650 at full operation. Land for the plant was secured in 2006, but financial issues, lawsuits, local opposition, delinquent property taxes, flooding, economic downturn and money in liens have repeatedly pushed back its opening date. Scott Olson, whose Huron company excavated the basement for those plant and hauled in clay, sand and gravel to build up the site, is looking to recover $2.1 million by way of a lawsuit. They have treated me like other lien holders, Olson said. They ignore us usage of what money they need to keep building in the plant and let all others suffer. Palmer said the plan is to pay lien holders asap. Until there is enough cash, Personalized San Francisco 49ers Jersey I'm able to have unhappy creditors, he explained.