Omtron USA, which owns defunct North Carolina poultry processor Townsends Inc., filed for chapter 11 protection on Friday, the second poultry producer to do so in as many months, Dow Jones DBR Small Cap reported today. The subsidiary of Ukrainian egg and egg-product producer Agroholding Avangard, Omtron USA purchased Townsend's North Carolina plants out of bankruptcy in February 2011 for $24.9 million. Townsend had filed for chapter 11 bankruptcy in December 2010, blaming the high cost of feed in 2008 that had continued to suppress profitability.
