An update on the impending process was shared by Flowers executives in connection with financial results for the fourth quarter of 2023 and guidance for 2024.
The facility will produce sweet baked goods, including donuts, cookies, cakes, pastries, muffins and more, for distribution in Kentucky, Ohio, Indiana and Tennessee.
Founded in 1903, EFCO develops and distributes savory sauces, bakery fillings, bakery mixes, bakery concentrates, beverage bases and syrups, sauces and spreads, fruit toppings and specialty toppings.
The new Raydia Food Group platform enables existing Stanz and Troyer’s customers to continue to benefit from the unified company’s distribution services.
In the case, Flowers Foods contends that arbitration agreements signed by two of its independent distributors are binding while the distributors claim that a provision in the 1925 Federal Arbitration Act makes the arbitration agreement unenforceable.
