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Seban sees Hostess, candy competing toe-to-toe
date:Jul 11, 2013
been reopened.

The (four) plants structurally were among the better plants Hostess operated before for cakes, so the plants were structurally in reasonably good shape, but they did need some upgrades, and we spent about $30 million in opening these four bakeries, Mr. Seban said. We did invest in upgrading various systems and processes as well as putting in new equipment. Over the next year, were putting another $70 million in, primarily in capital equipment.

Additionally, Mr. Seban said Hostes

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