Advertisement
YOU ARE HERE: LAT HomeCollectionsRiverbend International
IN THE NEWS

Riverbend International

FEATURED ARTICLES
ARTICLES BY DATE
BUSINESS
July 19, 1991 | From Times Staff and Wire Reports
Agribusiness Seeks Protection: Riverbend International Corp. of Sanger, Calif., one of the state's leading farming-food processing firms, has filed for Chapter 11 bankruptcy protection after a demand by lenders for repayment of $59 million of loans. The firm said there are no plans to lay off any of its 250 employees. However, Terence J. Long has been named president and chief executive, replacing Peter E. Weber.
Advertisement
BUSINESS
July 19, 1991 | From Times Staff and Wire Reports
Agribusiness Seeks Protection: Riverbend International Corp. of Sanger, Calif., one of the state's leading farming-food processing firms, has filed for Chapter 11 bankruptcy protection after a demand by lenders for repayment of $59 million of loans. The firm said there are no plans to lay off any of its 250 employees. However, Terence J. Long has been named president and chief executive, replacing Peter E. Weber.
BUSINESS
December 28, 1987 | BRUCE KEPPEL, Times Staff Writer
Riverbend International, known as family-owned Riverbend Farms until last March when its stock began trading publicly, is intent on becoming a fruit-and-vegetable version of the meat-packing business, which once bragged that it used "all the pig but the squeal." In terms of tomatoes, for example, Riverbend's processing plant in nearby Visalia extracts seeds from tomatoes being turned into paste and later plants the recovered seeds to produce another crop.
BUSINESS
February 2, 1988
Laurence O. Beston, 43, has been named vice president-marketing of Riverbend International Corp., a diversified food products company based in Sanger. Beston previously was national sales director at Sunkist Growers Inc.
BUSINESS
December 28, 1987 | BRUCE KEPPEL, Times Staff Writer
Riverbend International, known as family-owned Riverbend Farms until last March when its stock began trading publicly, is intent on becoming a fruit-and-vegetable version of the meat-packing business, which once bragged that it used "all the pig but the squeal." In terms of tomatoes, for example, Riverbend's processing plant in nearby Visalia extracts seeds from tomatoes being turned into paste and later plants the recovered seeds to produce another crop.
REAL ESTATE
December 13, 1987
Sespe Ranch, believed to be the largest parcel of land in Ventura County and beset by labor problems for more than eight years, has been sold for an estimated $23 million to a group of investors. Sespe East and Sespe West, two Los Angeles-based real estate partnerships, have bought the property from Newport Beach Development Co., according to the San Francisco office of Rubloff Commercial Brokerage. Rubloff brokers represented all parties in the transaction.
BUSINESS
May 26, 1988 | BRUCE KEPPEL, Times Staff Writer
Sunkist Growers, responding to increased competition in the citrus industry, said Wednesday that it is slashing 66 jobs from a full-time work force of 460--including 30 at the cooperative's Sherman Oaks headquarters. The move is part of a cost-control program to trim more than $7 million in overhead by Oct. 31, the end of Sunkist's fiscal year, President Russell L. Hanlin told about 500 Ventura County grower members who gathered at Camarillo Grove County Park for a midyear review.
Los Angeles Times Articles
|