Interstate Bakeries
Old HB, Inc., known as Hostess Brands from 2009 to 2013 and established in 1930 as Interstate Bakeries Corporation, was a wholesale baker and distributor of bakery products in the United States. Before its 2012 closure and liquidation, it owned the Hostess, Wonder Bread, Nature's Pride, Dolly Madison, Butternut Breads, and Drake's brands.
| Company type | Private |
|---|---|
| Industry | Food (bakery) |
| Founded | 1930 |
| Defunct | November 21, 2012 |
| Fate | Bankruptcy |
| Successor | Hostess Brands |
| Headquarters | Irving, Texas, United States |
Key people | Gregory F. Rayburn, CEO |
| Products | Brands such as Wonder Bread (US only), Hostess, Nature's Pride, Merita Breads, Home Pride, and Dolly Madison |
| Revenue | $2.8 billion (2008) |
| $144 million (2008) | |
| Total equity | $462 million (2008) |
For many years the company was called Interstate Bakeries and based at 12 East Armour Boulevard, Kansas City, Missouri. In 2009, after it emerged from a 2004 bankruptcy, its name was changed to Hostess Brands and its headquarters moved to Irving, Texas. Hostess Brands sought bankruptcy protection again in January 2012.
On November 16, 2012, the company filed a motion in United States Bankruptcy Court for the Southern District of New York in White Plains to close its business and sell its assets. On November 21, the motion was accepted and a judge agreed to sell the Hostess brands. The Hostess and Dolly Madison brands are now produced by Hostess Brands, itself was acquired by The J.M. Smucker Company.