Interstate to Close Two San Francisco Bakeries
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From Associated Press
Interstate Bakeries Corp. said that it would close two San Francisco plants and lay off 650 workers, continuing cost cuts aimed at saving the maker of Hostess Twinkies and Wonder Bread.
In all, the Kansas City, Mo.-based company has announced plans to close six of its 53 bakeries since filing for bankruptcy protection in September, which would eliminate 3,800, or 12%, of its 32,000 workers.
