I wonder what this will mean for the future at Flowers' existing Northside bread plant near Avenue B?
QuoteFlowers Foods Inc. announced agreements Friday to buy six Hostess Brands Inc. bread brands and 20 Hostess bakeries, including its shuttered Jacksonville plant, for a total of $390 million.
The agreement is contingent on Hostess receiving no higher bids at an auction in U.S. Bankruptcy Court in New York.
Thomasville, Ga.-based Flowers did not say what it will do with the Jacksonville bakery and the other 19 facilities in its late Friday announcement. Flowers already operates its own bun and bread bakery in Jacksonville.
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