Twinkies and Wonder Bread Maker to Close Shops in Southern California

Interstate Bakeries Corp., (IBCIQ) the bankrupt maker of Wonder bread and Hostess Twinkies, said Tuesday it will exit the bread business in Southern California, laying off about 1,300 workers.

The Kansas City-based company said it will close four bakeries in Glendale, Pomona, San Diego and Los Angeles, as well as consolidate about 325 distribution routes and close 17 distribution centers and 19 outlet stores.

Interstate Bakeries said the moves, which still require approval by a bankruptcy court judge and the company's lenders, should be completed by Oct. 29 and will require $29.2 million in charges and an additional $1.8 million in accrued expenses.