Simmons Prepared Foods made the products for TGI Fridays.

The company is initiating restructuring plan and divesting assets.

The current leadership will stay on to manage the company.

The company moved into a new operation in the last six years.

Several challenges to the final rule have come over the last month.

Dan Boulton has served as the company’s chief supply chain officer for the past six years.

The two companies disclosed early details from the unsolicited proposal.

Heartwood Partners completed a majority investment in the family owned meatpacking and distribution company.

Mitch Madsen brings nearly three decades of experience in B2B food ingredient sales.