The family-owned dairy has dozens of ice cream stores and shelf space in grocery stores across the Midwest.
Glass milk bottles move through a bottling line at Oberweis Dairy in North Aurora, March 1, 2017. Oberweis, a century-old North Aurora dairy with a recent history of Republican political aspirations by its owner, is seeking Chapter 11 bankruptcy protection.
The company also owes about $14 million in secured bank debt, according to a declaration filed Monday from Oberweis Dairy President Adam Kraber. Started in 1915 when Peter Oberweis, an Aurora dairy farmer, began selling extra milk to his neighbors out of a horse-drawn wagon, the enterprise became Oberweis Dairy in 1930, according to the company’s origin story posted on its website. His grandson, Jim Oberweis, bought the business in 1986 and put it on a fast track to regional expansion — before pursuing a career in Republican politics.
During his tenure, Joe Oberweis launched companion restaurants, That Burger Joint and Woodgrain Pizzeria, and expanded the home delivery segment to include Virginia and North Carolina.
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