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Hostess seeks bankruptcy protection
Hostess operates in 49 states
Updated: Wednesday, 11 Jan 2012, 5:41 PM EST
Published : Wednesday, 11 Jan 2012, 7:33 AM EST
SPRINGFIELD, Mass. (WWLP) - Hostess, the maker of Twinkies and Wonder Bread, is seeking bankruptcy protection for a second time. The company blames its pension and medical benefits obligations, increased competition and tough economic conditions.
Hostess first filed for bankruptcy back in 2004.
For customers of the Wonder Bread Hostess Store on State Street in Springfield, it's sad to see a company that they frequent in trouble and hopes they are able to pull through.
Barbara Marshall told 22News, "What are people going to do when the prices are high and they can't afford it, I don't know, I feel sorry for them."
"It sucks it really does," said Zoraya Vega of Springfield, "Hostess has been around for so long they have good deals, good food, it really does suck."
Hostess representatives say they will continue to run bakers, outlet stores and distribution centers during the process.
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