Bidder offers $5.5 million for Golden Guernsey

By Associated Press

CREATED Mar. 4, 2013

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  • Image by Mike De Sisti - Journal Sentinel

WAUKESHA, Wis. (AP) -- The parent company of Superior Dairy hopes to add the Golden Guernsey Dairy plant in Waukesha to its holdings.

A company trustee says LEL Operating Co. has made a $5.5 million bid for the plant and put down a $500,000 deposit.

The plant closed two months ago and its owner filed for bankruptcy. A private equity firm from Los Angeles, Calif., bought the plant in 2011 and shut down the company Jan. 5, resulting in the loss of more than 100 jobs. The dairy processor has been in the Milwaukee area for more than 80 years.