Twinkies Supply Safe For Now

The maker of Twinkies is going bankrupt. And they make not only Twinkies, but also Ho Hos, Ding Dongs, SnoBalls, SmartBakes, Zingers, SuzyQs, and more.

The company, Hostess Brands, filed for Chapter 11 bankruptcy today. However, they said that during the bankruptcy process, it would be business as usual. The company Hostess-Twinkiesalso said they do not plan to lay off employees nor close plants.

Chapter 11 is the type of bankruptcy that companies often use to reorganize their debt. The company says it currently owes more than $1 billion to creditors, including union pension funds.

Hostess Brands owns a number of brands, Hostess, of course, also Home Pride, Merita, Wonder (bread), Nature’s Pride, Drakes and Beefsteak. Distribution of these products is not expected to be affected during the bankruptcy proceedings.

Recent (36-48hrs): 1 | Total: 128 |
While you're here - did you know NFS members get 1000's of discounts to stores, restaurants, hotels, rental cars, amusement parks and more? And the cool thing is that you can join for free! Click Here Learn More
It's Nice To Share!
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
- To link to this page, copy & paste -
Twinkies Supply Safe For Now
Or use the shortURL: https://n4s.us/7665
avatar
Jimmy is an assistant editor and a writer here at News For Shoppers. He has more than two decades of experience in the shopping industry, having worked in sales and marketing in both the technology and fashion industries.