Red Zoo says bankruptcy not in its plans
Red Zoo says bankruptcy not in its plans
While some industry news sources reported the first week of May that Red Zoo Marketing, a producer and shipper of greenhouse vegetables, had already -- or had plans -- to file for bankruptcy, Jay Colasanti, president and co-owner of the Kingsville, ON-based firm, told The Produce News that filing for bankruptcy protection is not currently in the company's plans. "Our intentions are not to file for bankruptcy," Mr. Colasanti told The Produce News May 12. We have, however, ceased functioning in normal trade. We are not producing, sourcing from grower-partners or marketing at the moment. We are