Hostess Brands to Liquidate, Sell Assets
Twinkie maker said it will try to sell its assets to the "highest bidders."
Hostess Brands Iconic Snacks Could Be Sold to 'Highest Bidders'
A factory in Schiller Park, Ill. is shown making the signature squiggles on Hostess CupCakes. The Twinkie was born at Schiller Park on April 6, 1930 by James Dewar, manager of the Continental Baking Co., according to the Chicago Sun-Times. Dewar tried different uses of shortcake pans, filling Twinkies with banana cream originally. Three Hostess bakeries in the state employed 1,415 people. (Hostess)
