When ABC News reported about “pink slime” in beef earlier this year, the nation paid attention. Within days of the initial report – which focused on lean, finely textured beef (LFTB) from Beef Products Inc. (BPI) — moms were petitioning to make sure LFTB wasn’t served in school cafeterias and grocery stores, and fast-food chains pulled their contracts to purchase the beef. The result was that BPI was forced to close three of its four plants, laying off 650 workers and losing 80% of its business in 28 days.
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