jwv-pork-800

On January 1st, JWV Pork closed its operation at 2504 Quince Avenue in Washington. This move led to layoffs for sixty-five employees, according to a statewide collection of Worker Adjustment and Retraining Notifications (WARN) Act notices published by Iowa Workforce Development. A lawsuit on September 1st, 2023, stated that the company was in default on nearly $39 million of debt to Farm Credit Services of America, PCA, and FCLA. On Sept. 14th, a court in Linn County ordered JWV to turn over its assets to Focus Management Group (FMG) of Chicago. The Chicago group has sold $16 million of collateral to various buyers.