The state’s own Yarnell’s Premium Ice Cream has ceased operations, leaving 200 Arkansans without work.
“The past couple of years have been extremely tough financially for the ice cream industry in general, and particularly to regional, independent manufacturers like Yarnell’s,” said Christina Yarnell, the company’s CEO.
“Over the past year, we’ve examined many possible avenues to keep the company afloat – including seeking capital investors, new sources of lending and possible sale to both financial and strategic buyers. Unfortunately, those efforts have not been successful.”
Founded in 1932 in Searcy, Yarnell’s has in-state operations well as branches in Mississippi and Tennessee.
“Ceasing operations is heartbreaking because we have prided ourselves on keeping our roots in Arkansas, particularly Searcy, and helping employ more than 200 Arkansans in a niche industry,” said Yarnell.
“We are truly thankful for our amazing employees and the heart and soul that they have put into the past successes of this company. They are great people.”
Employees were told today that they would be paid through every day worked but not beyond that.