AGRICULTURE
Lindsay Olive Cooperative Sold: A private processor says it is buying the brand and inventory of the financially troubled Lindsay Olive Growers cooperative in Lindsay, Calif. Tim Carter, chief executive of Bell-Carter Foods, said the deal will make his Lafayette-based company the biggest olive processor in California. Lindsay Olives has been the largest single employer in the Tulare County city of 9,000. Sixty-five maintenance workers were let go immediately. Carter said the Lindsay processing plant is not part of the deal because Bell-Carter has enough processing capacity at its plant in Corning, north of Sacramento.
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