Biz Buzz: Hearst buys Paso meat processor

The Hearst Corporation has bought Tom Dorsey’s Paso Robles Meat and Sausage plant in Paso Robles.

The meat plant was put in a court-appointed receivership a year ago at the request of Heritage Oaks Banks, which holds at least a million dollars worth of liens on the property.

Dorsey and his wife, Bernice, filed for bankruptcy protection shortly after, and the plant was shut down by the U.S. Bankruptcy Court in March because it continued to operate at a loss, according to court records.

Hearst will lease the shuttered plant at 3450 Riverside Ave. to Kaney Foods, a San Luis Obispo meat cutting and grinding facility that serves more than 600 customers a week, according to Kaney Foods’ website. Kaney will then reopen the plant in July as White Stone Meat Packing.

The company will provide butchering and custom cut-and-wrap services for the two large Hearst ranches in San Simeon and Cholame, as well as others in the local ranch community, wild game hunters and local fairs, according to Brian Kenny, division manager for Hearst Ranch Beef.

White Stone Meat Packing should be open in time to process the animals that will be auctioned off at this summer’s Mid-State Fair auctions, Kenny added.

The 10,336-square-foot facility was put up for sale for $1.495 million. Hearst bought the property for $1.46 million, according to the bankruptcy filings.

— Melanie Cleveland