Photo: Tom Baddley (Flickr)
Since November 2012, Hostess has declared bankruptcy and has laid off some 18,000 people.
Several Hostess bread brands were auctioned off to Flower Foods Corporation on Wednesday. Former assets of Hostess are being liquidated following the company’s bankruptcy last year.
Flower Foods Corporation has not announced whether the deal will include a reopening of the Hostess bakery in Columbus.
The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union says it hopes Flower Foods will re-hire Hostess workers who were laid off when the company shut down. The U.S. Department of Labor has extended benefits to the 18,000 of those former employees who are now unemployed. About 875 of them are in Indiana.
Wonder Bread, Nature’s Pride and Butternut will likely continue business after the transition is complete. A federal bankruptcy judge must give final approval to the purchase. The judge will issue that ruling March 5.
