Wednesday, January 11, 2012
No Need For Hording.
Some snack food fans may be a bit on edge today, as American junk food kings Hostess, makers of the Twinkie and other goodies, have filed for Chapter 11 bankruptcy in the US. Hostess says their plants will remain open for the moment. But it seems Canadian Twinkie fans have even less to worry about. The Hostess name, and the plants that make their products, in Canada is controlled by Saputo. So there's no chance of production being disrupted here. Even if the US parent can't restructure itself and goes out of business I would guess there's someone who would buy up the iconic Twinkie. And in the worst case scenario maybe the Hostess brand name would continue to be active in Canada if it vanished from the US.