Bruce Foods - Preferential Treatment Contested

Preferential Treatment Contested

In 2009, Bruce Foods contested the decision by the Louisiana state budge panel to award ConAgra Foods, Inc., with a multi-million dollar contract to construct a sweet potato facility. On the "Moon Griffon" (Louisiana) radio show, Bruce Foods President Si Brown charged that the state's economic development office, headed by Stephen Moret, had unnecessarily underwritten the out-of-state competitor with tax dollars. Brown asserted that his company could have built the plant in question for $1 million, whereas ConAgra was granted a $37 million contract. According to Moret, since Bruce Foods has been unwilling to open up their ledgers, they are automatically disqualified from receiving state economic loans. Brown countered that since Bruce Foods is a privately held company, they are not required to file financial disclosures.

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