Adams Produce: Difference between revisions
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The Adams family sold the business to CIC Partners LP of Dallas, Texas in [[2010]]. The new owners kept many executives, including CEO [[Scott Grinstead]], in place. | The Adams family sold the business to CIC Partners LP of Dallas, Texas in [[2010]]. The new owners kept many executives, including CEO [[Scott Grinstead]], in place. | ||
in Spring [[2012]], after amassing tens of millions of dollars in debt and missing weeks of payroll, Adams Produce ceased operations and filed for Chapter 11 bankruptcy. | |||
==References== | ==References== | ||
* Hubbard, | * Hubbard, Russell (October 24, 2010) "Big changes for Birmingham-based Adams Produce." ''Birmingham News'' | ||
* Faulk, Kent (April 30, 2012) "Birmingham-based Adams Produce files for bankruptcy." ''Birmingham News'' | * Faulk, Kent (April 30, 2012) "Birmingham-based Adams Produce files for bankruptcy." ''Birmingham News'' | ||
* Hubbard, Russell (May 4, 2012) "Plight of terminated Adams Produce workers emerges at hearing." ''Birmingham News'' | |||
[[Category:Wholesalers]] | [[Category:Wholesalers]] | ||
[[Category:Finley Avenue]] | [[Category:Finley Avenue]] | ||
[[Category:1903 establishments]] | [[Category:1903 establishments]] | ||
[[Category:2012 disestablishments]] | |||
Revision as of 08:09, 5 May 2012
Adams Produce Co. LLC is a fruit and produce wholesaler located at 302 Finley Avenue in Birmingham with distribution facilities serving Alabama, Arkansas, Florida, Georgia, Mississippi, and Tennessee.
The company was founded in 1903 by Edwin Adams and remained family-owned for generations. It was a primary supplier to Hill's Food Stores and also supplies restaurants, schools and other institutions with fresh produce.
The Adams family sold the business to CIC Partners LP of Dallas, Texas in 2010. The new owners kept many executives, including CEO Scott Grinstead, in place.
in Spring 2012, after amassing tens of millions of dollars in debt and missing weeks of payroll, Adams Produce ceased operations and filed for Chapter 11 bankruptcy.
References
- Hubbard, Russell (October 24, 2010) "Big changes for Birmingham-based Adams Produce." Birmingham News
- Faulk, Kent (April 30, 2012) "Birmingham-based Adams Produce files for bankruptcy." Birmingham News
- Hubbard, Russell (May 4, 2012) "Plight of terminated Adams Produce workers emerges at hearing." Birmingham News