date:Dec 29, 2012
US-based Matanuska Creamery is set to halt operations at its milk production plant in Alaska by the end of this month, after a five-year long struggle to continue operations at the facility.
The decision was taken earlier this month, following a recall of $850,000 worth loans by the state Board of Agriculture and Conservation, reported the frontiersman.com.
Matanuska Creamery head Karen Olson was quoted by the website as saying that the plant owns $677,000 worth of equipment and an auction may