A Nashville, Tenn.-based company has posted bond with the U.S. Department of Agriculture under the Perishable Agricultural Commodities Act in order to employ Brian Grader, who previously was named in a PACA action.

Angelo M. Formosa Foods Inc., posted a $20,000 surety bond for Grader, who was listed as an officer and major stockholder for H.G. Distributors Inc., Lebanon, Tenn., which was barred in June 2010 for failing to pay a reparation award issued under the PACA.

The USDA will hold the bond for four years to assure the company can pay for produce purchases and comply with PACA rules.