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BPI Using Settlement Funds to Help Employees

Dan Beef, Industry News Release

Owners of Beef Products Inc. have established a $10 million fund to benefit former BPI employees impacted by plant closures. The fund will help employees who were laid off when sales dropped stemming from a series of reports about the company’s Lean Finely Textured Beef product broadcast by ABC News. BPI laid off roughly 750 employees and closed facilities in …