Kansas Dairy Tries to Raise $650K
Associated Press - September 24, 2013 1:06 pm
A Kansas dairy is trying to raise $650,000 in less than two months to pay off its debt and exit bankruptcy.
The Topeka Capital-Journal reports the Iwig Family Dairy, based in Tecumseh, hopes to raise $650,000 in 45 days through online donations.
The dairy announced the fundraising campaign in a news release Tuesday. Iwig filed for Chapter 12 reorganization in November 2012.
Donation options ranging from $5 to $10,000 at Indiegogo are marked to save increments of square feet on the 108-acre farm. Donations can also go toward naming rights to new calves.
Iwig says pledges will be used to pay creditors and proceed with the planned expansion of new stores in Topeka and Manhattan.