Hostess to close five plants - more redundancies planned
date:Oct 17, 2012
m will also launch three new wheat bread products in addition to four whole grain and Kids brands introduced earlier this year.

Hostess will also attempt to make a 10% operation efficiency saving through redundancies, attrition, outsourcing and office closures. However, the company will increase the number of middle management position and restore its marketing and RD budgets to competitive levels.
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