Dippin Dots

Business
4:18 pm
Tue January 15, 2013

Dippin' Dots Plans Expansion for Paducah Plant

Credit RadioActive / wikimedia commons

Paducah-based ice cream company Dippin’ Dots plans to upgrade and expand operations at its plant. The announcement comes after bankruptcy proceedings for the company ended yesterday.

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Business
8:18 am
Tue January 15, 2013

Dippin' Dots Resolves Legal Woes

One of the last remaining pieces in the bankruptcy case of Paducah-based novelty ice cream maker Dippin' Dots has been resolved.

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Afternoon Update
4:10 pm
Wed May 2, 2012

Afternoon Round-Up 5/2/12

Davey 88 wikimedia commons

Today on NPR: Known as "the spray man," 23-year-old Nour Hatem Zahra helped organize protests and spray-painted anti-government slogans around Damascus, the Syrian capital. He died this week after security forces shot him. Hundreds of mourners attended his funeral.

Kentucky:

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Business
3:31 pm
Wed May 2, 2012

Dippin' Dots, Inc. Sold to Dippin' Dots LLC

RadioActive wikimedia commons

A U.S. Bankruptcy Court ruling in Louisville approved the sale of Dippin’ Dots, Inc to Oklahoma-based Dippin’ Dots, LLC for $12.6 million. The sale will settle the novelty ice-cream manufacturer’s outstanding debt of over $11 million and close a bankruptcy proceeding beginning in November 2011. Investor Scott Fisher will serve as president of the newly formed company. Dippin’ Dots founder and former CEO Curt Jones is expected to return to the company in some capacity after stepping down in March.

Morning Cram
10:30 am
Fri April 13, 2012

the morning cram [I'm just not so sure how well this plan was thought through edition]

Wikimedia Commons

Somehow oops doesn't seem to cover it...

NPR reports a failed missile test yesterday may make North Korea more belligerent and confrontational.

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Business
9:22 am
Fri April 13, 2012

Dippin Dots Sold Amongst Bankruptcy Proceedings

An Oklahoma-based company has purchased Dippin Dots, Incorporated.  The Paducah-based Dippin Dots is currently undergoing bankruptcy proceedings and a court-mandated change in ownership.  The Oklahoma company, which goes by the same name, struck the deal yesterday in U.S. bankruptcy court to purchase Dippin Dots for more than 12.5 million dollars.  Dippin Dots' Paducah factory employs 165 people.

Business
3:39 pm
Wed March 7, 2012

Dippin’ Dots CEO Resigns

Dippin’ Dots founder Curt Jones resigned as CEO yesterday as part of an agreement reached with Regions Bank. The agreement allows the novelty ice-cream company to borrow an additional 1.25 million dollars to maintain operations until the business can be auctioned off. Regions Bank refused to give the loan unless Jones resigned. Dippin’ Dots filed for federal bankruptcy protection last November to prevent foreclosure on more than 11 million dollars in loans.