06 Jan 2020 --- US milk processor and distributor Borden Dairy has filed for bankruptcy in lieu of rising dairy prices and market headwinds currently impacting the local industry. The Dallas-based company has since initiated a reorganization through a court-supervised process, with assets and liabilities listed between US$100 to 500 million in its filing. The company expects it will sustain its “business as usual” operations following the downturn.
