Unable to raise new capital, the idled Lancaster Food Co. has dropped its plan to hire a new leader and has put itself up for sale instead.
Charlie Crystle, co-founder and former chief executive officer, said Tuesday that the small organic bakery had selected his successor but the company “couldn’t develop new investment to bring him on.”
The four-year-old business has not set an asking price, he said.
To read the rest of the story, please go to: Lancaster Online
