|By PR Newswire||
|October 9, 2013 05:00 PM EDT||
THOMASVILLE, Ga., Oct. 9, 2013 /PRNewswire/ -- Flowers Foods (NYSE: FLO) announced today that Flowers Baking Co. of Henderson, LLC in Henderson, Nev., will begin production late this year. The bakery was closed in November 2012 when Old HB, Inc. (formerly Hostess Brands) began liquidation. Flowers Foods acquired the Henderson bakery and other former Hostess assets in July 2013.
"As we've said since acquiring the Hostess assets this past summer, our plan is to open bakeries as we need additional production capacity to meet market demand," said Allen L. Shiver, president and chief executive officer of Flowers Foods. "Henderson is strategically located to help us continue to build market presence in this region."
When in production later this year, the Henderson bakery, which will operate as a subsidiary of Flowers Foods, will employ 60 people. It will produce Nature's Own, the #1-selling bread brand in the U.S., for markets in southern Nevada and parts of California.
About Flowers Foods
Headquartered in Thomasville, Ga., since its first bakery was opened by the Flowers family in 1919, Flowers Foods, Inc. today is one of the largest producers of packaged bakery foods for retail and foodservice customers in the United States. Flowers currently operates 45 bakeries that produce a wide range of bakery products. Among the company's top brands are Nature's Own and Tastykake. Learn more at www.flowersfoods.com.
Statements contained in this press release that are not historical facts are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected. Other factors that may cause actual results to differ from the forward-looking statements contained in this release and that may affect the company's prospects in general include, but are not limited to, (a) competitive conditions in the baked foods industry, including promotional and price competition, (b) changes in consumer demand for our products, (c) the success of productivity improvements and new product introductions, (d) a significant reduction in business with any of our major customers including a reduction from adverse developments in any of our customer's business, (e) fluctuations in commodity pricing, (f) our ability to fully integrate recent acquisitions into our business, and (g) our ability to achieve cash flow from capital expenditures and acquisitions and the availability of new acquisitions that build shareholder value. In addition, our results may also be affected by general factors such as economic and business conditions (including the baked foods markets), interest and inflation rates and such other factors as are described in the company's filings with the Securities and Exchange Commission.
SOURCE Flowers Foods, Inc.