Hostess Brands says it is going out of business, closing plants that make Twinkies and Wonder Bread and laying off all of its 18,500 workers.

    Hostess, The Maker Of Twinkies, Ding Dongs & Wonder Bread Going Out Of Business!

    Comments:  | Leave A Comment

     

    http://www.newsnet5.com/dpp/news/national/hostess-the-maker-of-twinkies-ding-dongs-and-wonder-bread-going-out-of-business

    IRVING, Texas – Hostess Brands says it is going out of business, closing plants that make Twinkies and Wonder Bread and laying off all of its 18,500 workers.

    The Irving, Texas, company says a nationwide worker strike crippled its ability to make and deliver its products at several locations.

    Hostess had warned employees that it would file a motion in U.S. Bankruptcy Court to unwind its business and sell assets if plant operations didn’t return to normal levels by Thursday evening.

    The privately held company filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade.

    Read more: http://www.newsnet5.com/dpp/news/national/hostess-the-maker-of-twinkies-ding-dongs-and-wonder-bread-going-out-of-business#ixzz2COEH2gd2

    Join the Conversation! Share and Discuss!

    Tags: » »

    • More Related Content

    Comments

    blog comments powered by Disqus
    Follow

    Get every new post delivered to your Inbox.

    Join 7,917 other followers