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Hostess Strike Leads To Permanent Closure Of 3 Bakeries
date:Nov 13, 2012
in January, its second trip through bankruptcy court in less than a decade. Hostess cited increasing pension and medical costs for employees as one of the drivers behind its latest filing.

The company, founded in 1930, is fighting battles beyond labor costs, however. Competition is increasing in the snack space and Americans are increasingly conscious about healthy eating.

12/23 12:30