Being a comic book fan in the 80s I grew up thinking there was no problem that couldn’t be solved by golden flaky crust or delicious cream filling. Apparently that doesn’t apply to financial insolvency, as snack cake maker Hostess Brands files for Chapter 11 bankruptcy for the second time. It’s hard for me to believe the company that controls…read more →
Hostess Brands, the owner of Boonville's Butternut Bread plant, is filing for Chapter 11 bankruptcy protection two years after recovering from a 2009 bankruptcy that nearly shuttered the Texas-based firm. Kathy Lang, general manager for the Butternut plant, said she was "not at liberty to comment." the plant employs approximately 90 people. during the Chapter 11 proceeding, the company will continue…read more →
Talk about sweet sorrow: Hostess Brands, manufacturer of lunchbox staples like Twinkies, Hohos and Ding Dongs, is planning to file for bankruptcy this week, the Wall Street Journal reported Tuesday. The company, which also makes wonder Bread and the Drakes line of snack cakes, has more than $860 million in debt. This is Hostess’s second bankruptcy filing in less than a…read more →
No more TWINKIES?!?! say it ain’t so… sorry, but the rumors are true. Hostess, the makers of some of the world’s most popular snacks, has filed for Chapter 11 bankruptcy. I guess even snack cakes can be victims of a bad economy. According to the new York Times, “Hostess Brands inc., the maker of Twinkies and Wonder Bread, is seeking…read more →
January 11, 2012, 4:41 PM EST By David McLaughlin and Steven Church (Updates with Teamsters comment in eighth and ninth paragraphs.) Jan. 11 (Bloomberg) — Hostess Brands Inc., the maker of Twinkies snack cakes and Wonder bread, fell back into bankruptcy less than three years after completing an earlier restructuring. The baker ended an earlier trip through bankruptcy court in…read more →
It’s been a really tough year for the snack food industry. first there was the loss of Dorito’s creator Arch West who passed away not long ago, and now Hostess is filing for bankruptcy. If you’re not familiar with Hostess products, then you’re probably not reading this website. They’re the creators of Twinkies, Ho-Ho’s, and mysteriously non-perishable fruit pies. Why…read more →
