Hostess to close five plants - more redundancies planned
date:Oct 17, 2012
s inability to invest in information technology and automated baking systems, the debtors plants fall far short of industry benchmarks for efficiency. As part of the revised turnaround plan, the debtors have identified a number of initiatives to reduce excess baking capacity and improve efficiency.

These initiatives include outsourcing low volume and seasonal products to other bakeries and automating certain product lines. The firm will also invest in new IT capabilities to streamline the baker
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