Denver meat company files Ch. 11 bankruptcy

chicken

Boulder Natural Meats chicken on shelves at King Soopers in Capitol Hill. (Kate Tracy)

Denver meat processing company Boulder Natural Meats has filed for Chapter 11 bankruptcy protection.

The firm, operating as Bolder Enterprises LLC, lists assets between $1 million and $10 million and owes creditors between $1 million and $10 million.

It is located at 4600 Joliet St. just south of the Rocky Mountain Arsenal National Wildlife Refuge, according to its website.

“Bolder Enterprises entered into a financial restructure process using Chapter 11 as part of the restructure. The primary reason for doing this is consolidation and restructuring of debt,” CEO Chad Anderson said in an email. “The need to do this was driven by expanding our business into new facilities and adding capabilities to better serve our customers in 2017. We are optimistic that we will be able to continue serving our customers for many years to come both during our restructure and well after our restructure is complete.”

Boulder Natural Meats was founded in 1985. It started selling chicken from local Colorado farmers in 2012, claiming its chickens eat a vegetarian diet and are not given antibiotics, steroids or hormones. The company introduced beef in 2015, according to its website.

Boulder Natural Meats sources its chickens from farms near Platteville, LaSalle and Elizabeth.

In 2015, the company recalled 3,600 pounds of beef, chicken and pork products for not declaring milk as an ingredient, according to a USDA news release.

According to bankruptcy filings, Boulder Natural Meats owes its landlord $40,000, Eastern Quality Foods $400,000 and Connecticut-based North South Foods $860,000, in addition to 17 other creditors.

The company is not the first natural food business in the metro area to restructure.

Wild Calling Pet Food, a Greeley company making pet food from natural ingredients, filed for bankruptcy in October. And Louisville delivery company Door to Door Organics closed in 2016.

Jeffrey Weinman of Weinman & Associates is representing Boulder Natural Meats in their bankruptcy. He did not return requests for comment.

chicken

chicken

Boulder Natural Meats chicken on shelves at King Soopers in Capitol Hill. (Kate Tracy)

The company, founded in 1985, said it's restructuring debt after expanding and plans to continue operating.

You must be a member to access BusinessDen's exclusive reporting.

Your subscription has expired. Renew now by choosing a subscription below!

For more information, head over to your profile.

Profile


SUBSCRIBE NOW

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING AARON@BUSINESSDEN.COM.

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.




Return to Homepage

25866

2 Comments

David Blase

I worked for Denver Meat in San Jose under Tony Dr Prima and also Skip Sullens. Years ago I went to see about finding some history on my employment at a local union and they said there was no records what’s so ever. Would this be the the same company and just out of state ? I’d like to get info on the dates I worked and it was about 6 years. What can I do ?

Ruben Lopez

There are many employees that did not get paid for at least the past month. If anyone know how these employees could somehow get paid for the past due payroll, I would appreciate any feed back.
Thank you.

Leave a Reply

Your email address will not be published.