The SoyNut Butter Co. has filed for bankruptcy, citing an E. coli outbreak linked to its I.M. Healthy brand peanut butter substitute and manufacturer Dixie Dew Products as the causes for its financial failure.
The Glenview, IL, soy butter company’s president and 90 percent shareholder Stephen Grubb listed some victims of the E. coli outbreak as creditors with “unknown” amounts owed to them in the Chapter 7 filing in U.S. Bankruptcy court in Illinois.