Flowers Foods, the Georgia-based bread- and snack-maker that bought Philadelphia's Tasty Baking Co. last year, is weighing whether to build a new bread bakery in the Philadelphia area.
The company "is a week or three away from an announcement of a new bread bakery with access to the eastern Pennsylvania market," writes Mitchell Pinheiro, food-industry analyst at Janney Capital Markets, in a report to clients Monday, after visiting with Flowers officials at the company's South Philadelphia snack factory.
Asked Flowers' plans, spokesman Keith Hancock read a statement: "The Pennsylvania market is a priority for Flowers Foods. Feasibility studies are currently under way to determine the best alternative for adding capacity to support our sales plans for the Mid-Atlantic region."
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