date:Sep 18, 2012
in the price of flour, sugar and butter created pressure on the margins.
Alessi Bakery posted revenue of $11.9m for 2011 of about million, declared its assets in a range from $10m to $50m and liabilities in the same range.
Currently, the company owes $5.9m to Zions; $3m to US Small Business Association; $1.1m to Southern Commerce Bank; $250,000 to Heritage Bank. The company noted that it is currently working with banks and suppliers.