Schwebel Baking to Liquidate 120-Year Business as Operations Run Through July 4 Weekend
Updated
Updated · WPXI Pittsburgh · Jun 19
Schwebel Baking to Liquidate 120-Year Business as Operations Run Through July 4 Weekend
3 articles · Updated · WPXI Pittsburgh · Jun 19
Summary
Schwebel Baking Co. said it will wind down and liquidate, with production and distribution continuing through the Fourth of July weekend before tapering off over the summer.
The Youngstown-based baker said months of efforts to find a buyer or new investment failed, leaving no sustainable path forward.
Aging facilities and equipment, labor obligations and weaker demand drove the decision, the company said.
The shutdown will cover the Youngstown and Hebron bakeries, along with retail stores and distribution centers serving parts of Ohio, Pennsylvania and New York.