Farming hub Homestead Organics going out of business
A major organic seed, feed and milling company headquartered in eastern Ontario is going to close its doors after hitting financial trouble in the midst of a more competitive industry.
Tom Manley, president of Homestead Organics, said the 30-year-old company will be closing its doors in a matter of days because of pressure from its creditors and banks.
The company started in Berwick, Ont., a town halfway between Ottawa and Cornwall, and, over the course of the last four years, expanded to Morrisburg and then Sebringville, near Stratford.
“Our mission is to serve and develop organic agriculture and after 30 years my head is high and I believe we have achieved that,” he said.
Read Farming hub Homestead Organics going out of business by Mathew Kupfer at CBC News.