Matador Processors Facility Sold as Complete Operation

Loeb Winternitz sells assets from the Blanchard, Oklahoma Facility to Strategic Buyer

Loeb Winternitz Industrial Auctioneers announced that the assets from Matador Processors USDA food processing and packaging facility has been sold as a complete operation. The new owners will take up operations in the Blanchard, Oklahoma facility within the next few weeks.

"It's always rewarding to save jobs within a community," stated Howard M. Newman, President of Loeb, "But it's definitely much better when you're saving a 40 year old brand."

Loeb Winternitz was able to fully prepare the site for auction while simultaneously working with Matador Processors to negotiate the sale of the facility as a whole. As a result, the piecemeal equipment auction planned for Tuesday, May 19th has been cancelled.

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