- Kroger Co's KR wholly-owned regional grocery chain subsidiary Harris Teeter sells its Hunter Farms dairy processing plant to Maryland & Virginia Milk Producers Cooperative Association Inc for an undisclosed sum.
- Harris Teeter expects the sale to close on August 30, 2021.
- Hunter Farms' ice cream and beverage brands will continue to be featured on Harris Teeter's shelves.
- With nearly 160 full-time associates in its High Point, N.C. facility, Hunter Farms produces, in addition to milk, a variety of frozen dairy treats, juices, culture products, and ice creams.
- Price Action: KR shares are trading higher by 4.33% at $45.32 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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