The Twinkie, an iconic American snack, has a history as intriguing as its taste. The story begins in the 1930s with the Continental Baking Company, the creator of the now-famous Hostess brand. During this time, Continental was known for its line of “Little Shortcake Fingers” filled with strawberry cream. However, these cakes were only available during strawberry season, leaving the equipment idle for much of the year.
Continue readingFiled under Steven Doyle
by Steven Doyle
Before you look to Ebay for that last box of Hostess Twinkies, you might want to wait just a bit. Last week Hostess suspended operations of its 33 plants across the United States last week as it moved to start selling assets and consider this move as the best way to preserve its dwindling cash.
Today Hostess, its lenders and the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM), agreed to mediation at the urging of Bankruptcy Judge Robert Drain of the Southern District of New York. Continue reading
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