US: Hostess relaunches bakery production
Twinkies production to restart
Hostess Brands - a new company formed by private-equity owners following the auction of assets owned by the US baker of the same name - is preparing to relaunch bakery operations.
The Hostess snack cake business, including the Twinkies, HoHos and Ding Dongs brands, was sold to private-equity investors Metropoulos & Co. and Apollo Global Management last month, as the former Hostess business wound down its operations and sold off its assets as part of a liquidation process.
The new owners said yesterday (23 April) they would re-start production at the Georgia facility this summer. The site will manufacture a "full assortment" of Hostess's "iconic snack products".
"Over the past several months, we have invested significantly in Hostess and the Columbus facility we acquired. We are focused on re-introducing the Hostess brands and bringing the Company's high quality and beloved snack products back to American consumers," Hostess chairman and CEO Dean Metropoulos.
The company said that the move will create over 300 jobs in the area.
Hostess Announces Plan to Create More Than 300 Jobs in Columbus, Georgia
City and State Partnership Fuels Local Economic Development
COLUMBUS, Ga.--(BUSINESS WIRE)--Hostess Brands, LLC, a new company and employer under new ownership, ("Hostess" or the "Company") today announced plans to re-launch its state-of-the-art bakery in Columbus, Georgia. The Company will initially add 200 jobs to the local economy and plans to create a total of more than 300 jobs in the community within the next several years. The baking facility, located at 1969 Victory Drive in Columbus, will resume operations this summer and will produce a full assortment of Hostess' iconic snack products, including Twinkies, Cup Cakes, HoHos and Ding Dongs.
"We are committed to fostering an environment that allows for the creation of new jobs and capital investment and the ripple effect it has throughout the Columbus region." The investment in the Columbus baking facility is being funded by affiliates of Apollo Global Management, LLC (NYSE: APO) and Metropoulos & Co., which purchased selected Hostess assets out of bankruptcy in April 2013. "Over the past several months, we have invested significantly in Hostess and the Columbus facility we acquired. We are focused on re-introducing the Hostess brands and bringing the Company's high quality and beloved snack products back to American consumers," said Dean Metropoulos, the Chairman and Chief Executive Officer of Hostess. "We want to thank the state of Georgia and city of Columbus for their long-standing partnership and support of Hostess, and their commitment to helping us re-open this facility as quickly as possible."
"The re-opening of the Hostess plant will give a tremendous boost to Columbus and the local economy," said Georgia Department of Economic Development Commissioner Chris Cummiskey. "Not only will the community benefit from over 300 manufacturing jobs, but Hostess will have access to lower production costs, a workforce training program, and our advanced transportation and logistics network."
Georgia Quick Start will provide Hostess with customized workforce training assistance to facilitate the re-launch of the Columbus bakery. In addition, the following are involved in this project: the Georgia Department of Economic Development, Georgia EMC, Georgia Department of Labor, Columbus Technical College, Columbus Consolidated Government, Development Authority of Columbus and the Greater Columbus Georgia Chamber of Commerce, and they have all helped forward Hostess' plans to invest more than $20 million into the facility and community.
"This bakery has been a vital part of the Columbus business community for more than 40 years, and we look forward to working with the new owners and management team as they continue to invest in the Hostess brands and in our community," said Teresa Tomlinson, Mayor of Columbus, Georgia.
"Our economic development efforts continue to pay off," said Jacki Lowe, 2013 Chair of the Greater Columbus Georgia Chamber of Commerce. "We are committed to fostering an environment that allows for the creation of new jobs and capital investment and the ripple effect it has throughout the Columbus region."
Hostess Brands, LLC will begin actively recruiting production, sanitation, distribution, maintenance engineering and management positions for the Columbus facility at a job fair on Saturday, April 27th from 9:00 a.m. to 1:00 p.m. The event is presented in partnership with the Georgia Department of Labor and will be held at its Columbus, GA location at 700 Veterans Parkway. Applicants must bring an updated resume. For more details on the fair, please contact the GDOL Columbus Career Center at (706) 649-7423. Applicants unable to attend the event can submit applications online beginning April 27th at the Georgia Department of Labor websitehttp://www.dol.state.ga.us or visit jobs.hbnewco.com for more information.
Hostess is a leading fresh-baked sweet goods company in the U.S. with iconic brands that include Twinkies, Cup Cakes, HoHos, Ding Dongs, Mini Muffins, Donettes, Zingers and Suzy Q's. Through its 80+ year history, Hostess has established unparalleled consumer brand awareness, strong customer relationships and partnerships with local communities throughout the U.S. The Company is headquartered in Dallas, Texas and Kansas City, Missouri.
Original source: Hostess Brands
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