Midstate Mills auction now set for Jan. 15
Dec. 13, 2012
by Josh Sosland
NEWTON, N.C. — A public auction of Midstate Mills, Inc., Newton, originally scheduled for Dec. 7, has been delayed twice, according to a representative of the Superior Court for Catawba County.
First delayed until Dec. 15, the auction currently is scheduled for Jan. 15. It is to be conducted at 10 a.m. at the Catawba County Justice Center in Newton.
Midstate operates a 6,500-cwt flour mill in Newton. The facility also has 650,000 bus of grain storage.
The company’s product line includes the traditional range produced by Southern mills, including family flour, corn meal, self-rising flour and other specialty biscuit and muffin mixes.
Asked for an explanation for the delay, the court spokesperson suggested contacting Trevor Johnston, a Charlotte attorney. Reached by Milling & Baking News, Mr. Johnston declined to comment on either the auction or what precipitated the delays.
The original notice of the auction attributed the foreclosure to the company’s “default in the payment of indebtedness.”