And on top of that, dairy farms, where Borden purchases raw milk, are having a difficult time surviving. In 2019 alone, 2,700 dairy farms have gone out of business, Borden noted in its filing.

Borden Dairy Co., one of America’s oldest and largest dairy companies, on Monday became the second major milk producer to file for bankruptcy in the last two months. Tumbling milk consumption… ...

The 163-year-old business said it has been hurt by the rising cost of milk and a reduction in overall milk consumption in the United States.

By 1930, Borden was the largest milk distributor in the U.S. By the 1980s, it was the largest in the world. Now — four months after seeking Chapter 11 bankruptcy protection and amid a pandemic ...

It’s been a rough few months for the American milk industry. Dean Foods, the country’s largest milk processor, filed for bankruptcy in November. Borden, another major processor, followed in ...

Borden Dairy Co., one of America’s oldest and largest dairy companies, on Monday became the second major milk producer to file for bankruptcy in the last two months. Tumbling milk consumption ...

Dallas-based Borden Dairy Co. has filed for Chapter 11 bankruptcy protection and reorganization, which includes subsidiary Borden Dairy Co. of Louisiana LLC.

Borden produces nearly 500 million gallons of milk each year for groceries, schools and others. It employs 3,300 people and runs 12 plants across the U.S. It said it cannot afford its debt load ...

The 163-year-old business said it has been hurt by the rising cost of milk and a reduction in overall milk consumption in the United States. 24/7 Live Houston Southwest Southeast Northwest Northeast.