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Kane Beef holding meetings to give company update to furloughed employees

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Employees of Kane Beef will get an update from the new company owners today.

Two meetings will be held for employees, one at 9 a.m. and one at 3 p.m., according to the company’s Facebook page. Employees only need to attend one of the meetings, which will be held in the Kane Beef cafeteria.

***ATTENTION ALL EMPLOYEES***There will be an IMPORTANT EMPLOYEE MEETING on Tuesday March 5, 2019. There will be two…

Posted by Kane Beef on Friday, March 1, 2019

The company sale closed last week with STX Beef, a division of JDH Capital LLC, after they made a $28 million bid for Kane Beef during a bankruptcy auction last month.

Nearly all of Kane Beef’s 750 employees have been furloughed since late January.