June 19, 2013

Emerging deal could save Peoria's Hostess plant

BY: AP Staff Writer JANUARY 12, 2013 | MODIFIED: JANUARY 12, 2013 AT 4:45 PM
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PEORIA, Ill. (AP) — Peoria's shuttered Hostess plant could soon have new owners.

The bankrupt maker of Wonder Bread, Twinkies and other snacks said Friday it has chosen a bid by rival bakery Flowers Foods Inc. to buy six of its bread brands for $390 million.

Flowers spokesman Keith Hancock tells the (Peoria) Journal Star (http://bit.ly/13nKfEQ ) that the Peoria plant is on a list of 20 bakeries and 38 bread depots involved in the sale.

The plant closed in November after more than 100 years in operation.

Hancock said, however, that the emerging deal was only in early stages and it's not yet certain the Georgia-based Flowers Foods would ultimately take ownership of all the properties.

The factory once employed 200 people and made 56 million pounds of bread a year.

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Information from: Journal Star, http://pjstar.com

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