Friday, July 5, 2013

IBJ Reports Hostess Set to Resume Production in Indianapolis

From the Indianapolis Business Journal:

Hostess Brands LLC wants to have its Indianapolis plant in full production by the end of next week, an executive said Wednesday, shortly before the Metropolitan Development Commission approved a tax abatement on $10 million in new equipment.

As part of the $536,000 abatement agreement, the company has promised to install the new equipment and hire 145 local workers making an average wage of $16.82 an hour within the next two years.

"We'll have no problem with that," Chief Administrative Officer Michael Cramer said.

Cramer said the company could not give out current employee head counts for competitive reasons.
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