Business & Tech
Former Hostess Bakery Up For Sale
Property is one of more than 100 the former snack cake maker is selling months after it filed for bankruptcy.
The former Hostess-owned Drakes bakery is up for sale, NorthJersey.com reported Friday.
The empty bakery is one of more than 100 properties owned by Hostess, was put up for sale this month after an auction of the property failed to attract any potential owners, the website reported.
Mayor Chris Vergano told the website that he is hopeful another tenant will come and utilize the building. The property is located in an industrial zone.
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The bakery used to employ 320 workers but those people lost their jobs when they were laid off after Hostess filed for bankruptcy in November. The company failed to reach a contract agreement with the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union, causing workers to strike.
McKee Foods, maker of Little Debbie snack cakes, bought the brand name and intellectual rights for Drakes cakes from Hostess in March.
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