Broetje Orchards sold to Canadian pension funds

AP

Print Article

KENNEWICK, Wash. (AP) A Canadian pension fund has purchased one of eastern Washington's leading apple producers.

The Ontario Teachers' Pension Plan bought Broetje Orchards from founders Ralph and Cheryl Broetje in a deal that closed in late December.

The Tri-City Herald reports that the company employs more than 2,800 people at peak times across the state on more than 6,100 acres of orchards.

The company produces 7 million boxes of apples a year, including its proprietary Opal apple.

The total purchase price was not disclosed.

But the real estate part of the sale was valued at $288 million, according to the excise tax affidavit filed with the Washington Department of Revenue and posted to the Walla Walla County Assessor's website.

The orchard operations are centered near the town of Prescott.

___

Information from: Tri-City Herald, http://www.tri-cityherald.com

Print Article

Read More State News

WA Current Conditions

AP

February 17, 2019 at 11:00 pm | WA Current Conditions as of 10:00 PM PST Sunday, February 17, 2019 _____ City/Town;Weather Condition;Temp (F);Wind Direction;Wind Speed (MPH);Humidity (%) Arlington;Clear;29;N;3;92% B...

Comments

Read More

WA Marine Warning and Forecast

AP

February 17, 2019 at 10:10 pm | WA Marine Warnings and Forecast for Monday, February 18, 2019 _____ SMALL CRAFT ADVISORY URGENT - MARINE WEATHER MESSAGE National Weather Service Seattle WA 906 PM PST Sun Feb 17 ...

Comments

Read More

WA Forecast

AP

February 17, 2019 at 9:00 pm | WA Forecast for Tuesday, February 19, 2019 _____ City/Town;Weather Condition;High Temp (F);Low Temp (F);Wind Direction;Wind Speed (MPH);Humidity (%);Chance of Precip. (%);UV Index Arlingt...

Comments

Read More

Senate passes bill to remove the death penalty

February 17, 2019 at 7:20 pm | Columbia Basin Herald OLYMPIA The Senate passed a bill on Friday to remove the death penalty from Washington state statute and replace it with life in prison without parole. Senate Bill 5339 passed with 28 in favor an...

Comments

Read More

Contact Us

(509) 765-4561
PO Box 910
Moses Lake, WA 98837

©2019 Columbia Basin Herald Terms of Use Privacy Policy
X
X