Hostess Brands LLC said Monday that it will open bakeries in Indiana and Illinois, following announcements last week that it will reopen two bakeries in its effort to bring back some of its snack brands.
Twinkies will be winging their way back to a store near you, likely in July. Hostess Brands, LLC has announced plans to re-launch its bakery in Columbus and plans to add about 300 jobs in the area over the next several years.
Tomorrow is the first day of Spring and thanks to a court ruling today, Twinkies could be back on store shelves by Summer and you have the owners of Pabst Blue Ribbon Beer to partially thank!
Hostess previously picked Flowers Foods as the buyer for Wonder and other major bread brands; no competing offers were made in that case either. The sale of the breads and Twinkies still need to be approved in bankruptcy court on March 19.
The indestructible Twinkie appears to be one step closer to a comeback. Hostess Brands is close to announcing that it has picked two investment firms as the lead bidders for its Twinkies and other snack cakes.
The pension fund for a Hostess Brands union has hired an investment bank to represent workers and pensioners as the maker of Twinkies and Wonder Bread sells off its brands.
A newspaper is reporting that Flowers Foods and Bimbo are emerging as bidders for the bread brands of Hostess, which in the midst of a bankruptcy court liquidation of its assets.
Twinkies, Wonder Bread and Devil Dogs are likely to return to shelves in coming months, but probably not under the same owners. Hostess Brands Inc. said in bankruptcy court Friday that it’s narrowing down the bids it received.
While thousands of employees for the now bankrupt Hostess Brands Inc. are being shown the door, executives with the company could soon be receiving close to $2 million in bonus pay.
A bankruptcy court judge in New York is approving a request by Hostess Brands Inc. to begin winding down its operations.
With word that Hostess may be going out of business, and Twinkies could possibly go away forever, some folks have developed an alternative, just in case the worst happens.
Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the company won’t go out of business just yet.
Latest DFW News
- Report: Knicks’ Anthony To Have Shoulder Re-Examined; Prigioni’s Wife Wants Out?
- Texas Top 10 Sex Offender Arrested In Dallas
- The Fan On The Streets 5/20-5/27
- Super Bowl 50 Site To Be Decided Tuesday
- Jimmie Johnson Races To Record 4th All-Star Win
- Randolph Struggles, Spurs Route Grizzlies In Game 1
- 5 People Hurt In Fort Worth Fight
- Yahoo Takes Big Leap With $1.1B Deal For Tumblr