Arkansas
Governor, Local Officials Join Hostess Executives to Celebrate
Milestone
ARKADELPHIA, Ark., Sept. 15,
2022 /PRNewswire/ -- Hostess Brands, Inc. (NASDAQ:
TWNK), together with Arkansas Gov.
Asa Hutchinson and other state and
local government officials, today unveiled the signage at its
upcoming bakery and celebrated the innovation, economic investment
and job creation it will bring to Central
Arkansas.
"As Hostess Brands continues to focus on building a socially
responsible, modern, snacking powerhouse, we are excited to reach
another milestone in our journey to bring a sustainability-first
bakery to the Arkadelphia
community," said Andy Callahan,
president and chief executive officer of Hostess Brands. "Unveiling
the Hostess Brands' sign at this once-idle facility is tangible
evidence of our commitment to deliver on our sustainability
priorities, while also meeting the growing demand among consumers
for our iconic and innovative snacks. We thank Arkansas Gov. Hutchinson, state and local
officials and the Arkadelphia
business community for partnering with us to make this new bakery a
reality."
The company's bakery expansion is a key indicator of its
continued growth in recent years. With the opening of the
Arkadelphia facility, Hostess
Brands will increase its bakery capacity on its
Donettes® and cake platforms by approximately 20
percent, to meet increasing consumer demand for its sweet
snacks.
"I am proud to see Hostess, a beloved household name, expanding
its roots into Arkadelphia,"
Governor Hutchinson said, "Arkansas welcomes a new investment partner
that will bring its sustainability-first policies to a business
community ripe for growth."
"Clark County is thrilled to
have been selected as the site for a new, state of the art bakery
to be built by Hostess," added Kevin
Jester, chairman of the Economic Development Corporation of
Clark County. "Our Economic
Development team worked hard to show Hostess that we had all the
necessary components here for them to be successful. By choosing
our site, Hostess is demonstrating their belief that Clark County is a place where businesses can
thrive. We are excited to be a part of the growth and future
success of such a community minded company."
Hostess is investing $120 million
to $140 million to convert the
closed, Arkadelphia factory into a
330,000-square-foot bakery, which is expected to be operational in
the second half of 2023 and bring at least 150 new jobs to the
Arkadelphia community over the
next three years.
About Hostess Brands,
Inc.
Hostess Brands, Inc. (NASDAQ: TWNK) is a snacking powerhouse
with a portfolio of iconic brands and a mission to inspire moments
of joy by putting our heart into everything we do. Hostess Brands
is proud to make America's No. 1 cupcake, mini donut and sugar-free
cookie brands. With sales exceeding $1.1
billion and employing approximately 2,600 dedicated team
members, Hostess Brands produces new and classic snacks, including
Hostess® Donettes®,
Twinkies®, CupCakes, Ding Dongs® and
Zingers®, as well as a variety of
Voortman® cookies and wafers. For more
information about Hostess Brands, please
visit hostessbrands.com.
Media Contact
Carly
Schesel
612-375-8590
carly.schesel@clynch.com
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SOURCE Hostess Brands