Rembrandt Foods: Taylor-owned Rembrandt Foods shuts Minnesota egg plant

Rembrandt Foods disclosed this week that it will close an egg-production plant in Renville, Minn., citing a glut of eggs in the market. The Star Tribune reports on the decision from Iowa-based Rembrandt, which employs 52 people in the central Minnesota city. Rembrandt is owned by Glen Taylor, the Minnesota businessman who controls the Minnesota Timberwolves and Taylor Corp. (He also owns the Star Tribune.) Rembrandt President Paul Hardy said the company was "ultimately overindexed on conventional...