Topps Meat Goes Out Of Business After Recall
Washigton: Demolished by the recall of 21.7 million pounds of beef related to 30 cases of E. coli-related infection, Topps Meat Co LLC has declared that it was getting out of business,
Anthony D’Urso, Chief Operating Officer, said, “In one week we have gone from the largest U.S. manufacturer of frozen hamburgers to a company that cannot overcome the economic reality of a recall this large.”
The Adriculture Department said that it was the fifth-biggest meat or poultry recall in the history of the United States. But no deaths have been reported owing to the outburst of E. coli 0157:H7 that can result in diarrhea and dehydration.
The administration that has been criticized for acting slowly on the recall last month has promised to heighten its oversight of U.S. beef plants and react speedily in the future.
In an announcement, Topps said a small number of workers would carry on work at a plant in Elizabeth, New Jersey, partly to help USDA in the examination.
“This has been a shocking and sobering experience for everyone,” D'Urso said.
Jim Robb, an economic expert at the Livestock Marketing Information Center, stated that he didn’t anticipate any lasting consumer effect to the big recall or a key movement in product markets.
“But, every time you lose a processor, it has some reverberations,” Mr. Jim added.