Interstate Bakeries Corp., one of Kansas City’s best-known companies, is moving its headquarters to Dallas now that it has emerged from 4 1/2 years in bankruptcy.
An Interstate spokesman said being based in Dallas will make it easier for the maker of iconic brands such as Wonder Bread and Hostess Twinkies to find the talent needed to move the company forward.
Interstate was founded in Kansas City nearly 80 years ago.
“A larger metropolitan area like Dallas will provide the company with a number of benefits, including access to a broader base of senior level executives with experience in the packaged consumer goods industry, which are needed for its success in rebuilding after emerging from Chapter 11,” said Interstate spokesman Lew Phelps.
The move involves only 20 positions, about 10 top executives and their support staff, Phelps said. That will leave close to 200 people at the current headquarters at 12 E. Armour Blvd.
“The company intends to continue to maintain a strong presence in Kansas City and looks forward to continuing to be a part of the Kansas City community, as it rebuilds and grows,” Phelps said.
There are about 200 employees at the corporate headquarters now. After the headquarters move in the next couple of months, some positions that were left vacant during the bankruptcy will be filled, returning the total close to 200, Phelps said.
Source: The Kansas City Star
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