Oberweis Dairy has notified the state it may lay off 127 workers as part of its Chapter 11 bankruptcy filing Friday. The layoffs would begin at the family-owned North Aurora dairy June 11 because ...

Oberweis listed more than $4 million in unsecured debt to its top 20 creditors, including more than $770,000 to an Illinois trucking company, and more than $173,000 to the Cook County Treasurer's ...

Oberweis Dairy Inc. has found a buyer for most of its operating assets, the company announced Tuesday afternoon. But a private equity firm says it, too, wants to buy the dairy company.

Oberweis has 2 potential buyers following bankruptcy filing 00:30. CHICAGO (CBS) -- Oberweis Dairy may have found a potential buyer, days after the company filed for Chapter 11 bankruptcy ...

The price tag for Oberweis Dairy, which was recently sold through a bankruptcy auction, was $21.25 million. The investment arm of Winnetka-based private-equity firm Hoffmann Family of Cos. won the ...

In 2020, Oberweis Dairy received a federal Paycheck Protection Program loan for nearly $5.7 million, which was forgiven in 2021. But the company was unprofitable in the post-pandemic landscape, ...