article_snippet.sent: One of the primary reasons for the removal of Ulukaya, who founded the company, is a product recall in 2013 that led to negative EBITDA of $87 million in the fourth quarter, the paper reported, citing internal documents the paper reviewed.
article_snippet.sent: a product recall in 2013 that led to negative EBITDA of $87 million in the fourth quarter was a result of bad design and layout incorporated during the construction of the company's $450 million Idaho factory, and due to lack of training for workers, the New York Post reported.
article_snippet.sent: Private-equity firm TPG invested $750 million in the New Berlin, New York-based company last year to save New York-based company from the cash crunch arising as a result of the problems at Idaho.