BINGHAMTON, N.Y. — The Mountain Fresh Dairy plant in the city of Binghamton could soon hit its expiration date.
According to documents filed on December 21, Bank of America is foreclosing on the operation, saying the plant is behind on its payments by nearly $700,000.
The notice states that $691,000 was loaned to the company to cover leased equipment costs, but according to county officials, the plant paid their loans on time in the months of December and January, yet remain late on November's.
To read the rest of the story, please go to: Spectrum News