Investors in a Blackstone fund that owns Packers Sanitation have said little publicly about a $1.5 million fine against the company for illegally employing minors to clean meatpacking plants
Blackstone Inc. has so far faced little public blowback from investors over its backing of a sanitation company fined for illegally using child labor, based on communications with public pensions that invest in the asset manager’s funds.
The Labor Department said last week that Packers Sanitation Services Inc., which provides food safety and sanitation services, employed at least 102 children ages 13 to 17 in hazardous overnight shifts in meat-processing plants. The Kieler, Wis.-based company paid a $1.5 million fine, or about...
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