- published: 13 Dec 2015
- views: 903
Hostess Brands, LLC is a bakery company formed in June 2013. It owns several bakeries in the United States that produce snack cakes under the Hostess and Dolly Madison brand names. It is headquartered in Kansas City, Missouri and is owned by HB Holdings, LLC, which is owned by Apollo Global Management and C. Dean Metropoulos and Company.
The company is separate from Old HB, which was formerly known as Hostess Brands, Inc. from 2009–2013. Old HB is currently under liquidation and sold its cake business to Apollo and Metropoulos creating the current Hostess Brands. The current Hostess Brands was formed as New HB Acquisition, LLC to acquire the cake business (Hostess and Dolly Madison brands) of Hostess Brands, Inc. Following the conclusion of the sale, Hostess Brands, Inc. became Old HB, Inc. and New HB Acquisition became Hostess Brands, LLC.
In June 2013, Hostess Brands retained the same public relations and advertising firms that had previously worked for Old HB. Bernstein-Rein, in Kansas City, MO will do Hostess Brands' advertising; LAK Public Relations, in New York, will handle its public relations for the return of Hostess products.
A hostess is a female host or presenter for an event.
Hostess may also refer to:
Take a tour of Hostess Brands, LLC in Emporia
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Two different companies that rescued the former Hostess operations that failed in labor turmoil and bankruptcy have succeeded in the turnaround. In Emporia, millions of Twinkies and other snack cakes are being produced 24 hours a day, six days a week. The Hostess Brands LLC plant came back on line in mid-2013. By Jill Toyoshiba.
"Hostess Brands Inc. said it used wages that were supposed to help fund employee pensions for the company's operations as it sank toward bankruptcy. It isn't clear how many of the Irving, Texas, company's workers were affected by the move or how much money never wound up in their pension plans as promised. After the company said in August 2011 that it would stop making pension contributions, the foregone wages weren't put toward the pension. Nor were they restored."* After employees of bankrupt Hostess were laid off, they received another insult to injury-- the CEOS raided their pension funds. But at least the CEOs still got their big bonuses. Cenk Uygur breaks down the outrageous move made against workers. *Read more from Julie Jargon, Rachel Feintzeig and Mike Spector | The Wall Street...
Cecilia Vega reports on Hostess Brands' liquidation.
Jan. 11 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia talks with Bloomberg News bankruptcy columnist and editor-at-large Bill Rochelle about the week's bankruptcy news and legal developments including Hostess Brands Inc. and MF Global Inc.
http://www.facebook.com/docujournal The shut down of Hostess Brands Inc. terminates 26 jobs leaving ex-employees Matt and Patricia with the final task of closing down Nashville's distribution center and discount retail outlet.
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I have made many memorial videos for people before, but never one for a dead American company. It took me awhile to perfect, so hopefully it makes you giggle!
Sad day for America as Hostess has announced they are shutting it's doors. What does it mean when an 82 year old company that is so loved by so many can be put out of business over labor disputes? ***edit update*** seems after some time of being out of business the secret recipes have been purchased and Hostess cakes are being produced once again.