Wednesday, May 9, 2007

UPDATE1-Tasty Baking to shift Philadelphia ops; cut 215 posts

(Reuters) - With the move, the baker expects annual pre-tax cash savings of about $13 million to $15 million, net of the facility leases and before debt service.

The company said its Tastykake bakery and a "green" corporate headquarters will be located at facilities at The Navy Yard, a commercial and industrial development center in Philadelphia.


Read more at Reuters.com Bonds News

No comments: