MONROE – One of the state s oldest cheese plants has filed for bankruptcy in an effort to save the business.
Jeremy Mayer, president of the Maple Leaf Cheese Cooperative said the Chapter 11 filing was a way for the cooperative to restructure its debts and buy time for the 110-year-old cooperative to find a new partner after the 24-year partnership with Maple Leaf Cheesemakers Inc. ended on Nov. 20, 2020.
Bob Bade, treasurer and milk producer for Maple Leaf Cheese Cooperative, said the farmer-owned cooperative was notified by Maple Leaf Cheesemakers Inc. that it was no longer economically viable to keep making cheese at the Monroe-based plant.