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SureBeam Consolidates Processing Services Business

SAN DIEGO - SureBeam Corporation, provider of electron beam food safety systems and services for the food industry, announced today that it will close its Vernon, Calif. processing service center in an effort to consolidate its processing services business. Citing an oversupply of capacity, the San Diego-based company said its customers will have the opportunity to continue to process their products at one of SureBeam's other domestic facilities.

"SureBeam has experienced growth in its processing services business in the past three years," said SureBeam chairman and CEO John Arme. "Despite a continuing increase in processed ground beef, at this time the utilization level has not yet reached the point where the costs of maintaining the capacity of the four state-of-the-art processing centers are offset. As a result, this action is being taken as a prudent business measure to enable SureBeam to realize immediate budget efficiencies and to make adjustments that better meet current short-term and intermediate-term market demand."

SureBeam Corporation operates processing service centers in Glendale Heights, Ill.; Sioux City, Iowa; College Station, Texas; and Rio de Janeiro, Brazil.
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