'Mothballed' Bakery May Bake Again.
"We've been dealing, and we have signed a letter of intent with a company," company president Bob Koehler said last week.
The 80-year-old bakery at 5902 Warden Road is facing massive debt and numerous lawsuits from creditors and the state Employment Security Division for non-payment of unemployment taxes.
The staff has dwindled to a "mothball" crew, Koehler said. The only part of the baking company that once shipped products to a multi-state region is the retail store, he said.
The buyer, whom Koehler declined to name, wants to close the deal by May 6, Koehler said.
"It would be a good deal, a lot of jobs," he said.
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|Article Type:||Brief Article|
|Date:||Mar 12, 2001|
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