New Texas Bankruptcy Filing Creates Major Affect To Our Food

Texas has been a busy place for bankruptcy in 2024, and one can only hope the filings will finally be coming to an end soon, and the ripple effects will cease to impact everyone across the state and the country.

Read More: Texas Headquartered Company Now Closing Massive Number Of Stores

On Friday, the largest private bakery in the United States filed for Chapter 11 Bankruptcy protection, and is trying to shed almost $2 billion in debt. Hearthside Food Solutions is responsible for making so many of your household snack and breakfast favorites, but they also produce far more products that influence our food consumption every day.

New Texas Bankruptcy Filing Creates Major Affect To Our Food

Often as consumers when we read the labels on boxes we are searching for affirmation on the list of ingredients that we are making sound dietary decisions, but we often overlook the actual producer of our foods because we know the products simply by their brands.

Read More: Massive Texas Empire Is Now Closing Over 400 Locations

Hearthside makes or bakes many of the foods you find in your average Texas pantry like cereal, granola bars, and our family's personal favorite, salty snacks like Cheetos. They also manufacture a ton of other items like bowls and reusable packaging that we eat from or store our food almost daily.

Read More: Largest Bakery In America Now Opening Facility In Texas

What's next for Hearthside employees and customers?

After filing for bankruptcy in Texas, the courts have granted initial approval to continue operating business as usual, and they hope to emerge from this bankruptcy quickly in the new year. Hopefully this means no immediate closures, layoffs, or disruption in their food production.

Remember the Twinkie scare? I have no idea how my three kids and I would ever survive Cheetos being eliminated.