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Ferndale, California

Published every Thursday for 132 years

Established 1878

Humboldt Creamery…


For almost five months, The Enterprise has posted its comprehensive coverage of the Humboldt Creamery on-line. We did so because of the importance of the story to our entire region. However, posting our content on-line is an exception we made for this one story. Giving away content has not worked for newspapers in general and we are working hard to ensure the financial stability of this award-winning newspaper that has just celebrated its 132nd birthday. Starting with our July 23 edition coverage, clicking on the headline will lead you to our subscription invitation page. We hope you have valued our hard work on the creamery story and invite you to subscribe in order to continue reading.

Shockwaves ripple through valley as all wait to hear status of Humboldt Creamery 2-26-09

Shocked and stunned-Creamery news hard to digest 2-26-09

Creamery board acts
Nine dairymen make up Humboldt Creamery board 2-26-09


Equity buy-in offering on hold Creamery hoped to raise $5 million from community 2-26-09

Creamery union leaders notified Books appeared sound during recent contract negotiations 2-26-09

Editorial-Crisis management 2-26-09

Dairymen take a massive hit 3-5-09

No help from government for creamery’s missed milk payment 3-5-09

Ghilarducci: a man of few words in Scottsdale 3-5-09

Creamery’s debt load “relatively high” 3-12-09

Ghilarducci’s attorney defends former CEO 3-19-09

Creamery to sell LA ice cream plant 3-19-09

Editorial - Cheap shot 3-19-09

From the Back Pew 2-26-09

Creamery fallout hits Hispanic community 3-26-09

Company investigation determines former CEO “disguised” creamery ’s performance 3-26-09

Creamery’s corporate sponsorship of HSU athletics in jeopardy 3-26-09

Ruminations With The Publitor 3-26-09

Milk checks short again; creamery looks for new bank 4-2-09

Creamery officials pitch plan to five banks 4-9-09

State attorney general’s office to attempt collection of creamery’s non-payment to “pool” fund 4-9-09

Editorial - Waiting to exhale 4-9-09

Creamery says books off at least $50 million 4-23-09

Humboldt Creamery’s top unsecured creditors 4-23-09

Twenty-four years controlling Humboldt Creamery’s books; now former CEO accused of fraud 4-23-09

Dairy princess contest a go 4-30-09

Sales pitch for creamery online; cooperative members under the gun to come up with financing 4-30-09

Industry leaders shocked by former Humboldt Creamery CEO’s disappearance and cooperative’s financial woes 4-30-09

Creamery asks court to help keep the lights on and milk cold 5-7-09

Creamery ’s LA ice cream plant will close May 15th 5-7-09

“Firm” bids for creamery due next Wednesday; buyer by end of month? 5-14-09

Creamery bids due 5-21-09

Answers few for creditors 6-5-09

Creditors want Ghilarducci to testify 6-5-09

Unsecured creditors want fraud investigation 6-5-09

Creamery executives writing personal checks to cover cash flow days before CEO's departure 6-11-09

Creamery hopes plant tour will quell quality control rumors 6-11-09

Ghilarducci ordered to appear and produce documents 6-11-09

Were Monday's milk checks short? 6-11-09

Will dairymen make bid on creamery? 6-11-09

Judge orders Humboldt Creamery accountant to appear for deposition 6-18-09

Editorial-Backseat 6-18-09

DFA payment demand letter arrived four days before Ghilarducci quit 6-25-09

Post bankruptcy protection filing shows creamery loss of $2.2 million 6-25-09

Foster Farms bids $20.5 million for creamery; hopes to keep Humboldt Creamery brand 7-9-09

Forget the chicken; Foster Farms Dairy largest privately owned dairy in California 7-9-09

Producers to join Dairy Farmers of America? 7-9-09

Still want to bid on creamery? You may need at least $550,000 more than Foster Farms offer 7-9-09

Ghilarducci tight lipped; creamery accountant talks 7-16-09

“It’s important to look him in the eye” 7-16-09

Reorganization picks up steam; motion filed to sell creamery “free and clear” 7-16-09

What did creamery accountant know about alleged fraud? Enterprise reports on details from six-hour deposition 07-23-09

Creamery auditor stands behind 2007 year-end numbers; accountant Frank Gloeggler has no answer for dramatic drop in creamery's balance sheet after former CEO's resignation — 7-23-09

August auction of creamery still a go; negotiations begin between bank and unsecured creditors over "pot" of money — 7-23-09

FBI headed to Fernbridge; Humboldt Creamery says three agents will interview management week of August 17 — 8-6-09

Tuesday's creamery auction competitive? — 8-6-09

Were banks assured monthly that creamery could back loans? Could alleged fraud on "borrowing base certificates" be Ghilarducci's downfall? How was inventory accounted for — 8-6-09

Lawyers and sales agent seek more than $1.6 million from bankruptcy sale; state wants $1.2 million — 8-6-09

Going, going, sold? Not yet; judge holds over hearing of creamery sale until Thursday — 8-13-09

Will fair's heifer sale feel impact of drop in milk prices and Humboldt Creamery situation? — 8-13-09

Creditors and bank work out compromise; with sale of creamery to Foster Farms reluctantly approved by bankruptcy judge, parties - including bank - now eye litigation to recover what they can of an estimated $70 million in unsecured claims — 8-20-09

Sale doesn't sit well with judge — 8-20-09

Dairy industry slump felt far and wide; Glenn County dairymen facing same economic woes as local producers, minus a cooperative bankruptcy — 8-20-09

Creamery sale expected to be finalized this week; FBI delays trip to interview management — 8-27-09

September shorts hit dairymen and support industry; DFA meeting with producers and suppliers today - advance milk checks could be in the mail — 9-2-09

Creamery's new owner meets with producers; Foster Farms Dairy and Dairy Farmers of America serve up lunch and details on plans for Humboldt Creamery dairymen — 9-10-09

FBI departs from creamery; former CEO and CFO hired as independent contractors to "wind up" estate — 9-17-09

FBI examines creamery's computers; former CEO's laptop has been in FBI hands since February — 9-24-09

Hourly rate cut for creamery management consultants — 9-24-09

August sales sour for creamery; big pay out made for professional fees — 10-1-09

Management let go at Humboldt Creamery; Modesto-based Foster Farms Dairy to handle duties from Central Valley — 10-8-09

Final creamery bankruptcy plan filed with court; "insiders" could be left out in the cold after claims are paid — 10-15-09

Grand jury to consider suspected creamery fraud case?; subpoened witnesses to testify next week in San Francisco — 10-22-09

Humboldt Creamery late-breaking news; former CEO admits guilt after being charged with providing false statements to bank. --- 02-04-10