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Koffee Kup Bakery and Vermont Bread Company close, lay off hundreds

Koffee Kup Bakery, a Vermont staple in the bread industry for 80 years, has closed its doors and laid off hundreds of workers between its Burlington and Brattleboro locations. The Vermont Department of Labor confirmed 156 workers at the Burlington Koffee Kup location and 91 workers at the Brattleboro Vermont Bread Company location were let go. A total of 247 Vermont workers lost their jobs. According to reporting from WCAX, the workers were abruptly let go, and some arrived for their work day finding no one there.  The company was sold several weeks ago to New York City-based American Industrial Acquisition Corporation, according to a news release from its former owner, G2 Capital Investors. An adviser to the owner, Jeff Sands of Dorset Partners, sent a press release about the business closure.

80-year-old Koffee Kup Bakery closes; financial losses cited

80-year-old Koffee Kup Bakery closes; financial losses cited April 27, 2021 FacebookTwitterEmail BURLINGTON, Vt. (AP) Koffee Kup Bakery, an-80-year-old Vermont company that sold products in New England, around New York City, Washington, D.C., Pennsylvania and Maryland, closed Monday and laid off hundreds of workers in Burlington and Brattleboro. The Vermont Department of Labor confirmed 156 workers at the Burlington Koffee Kup site and 91 workers at the Brattleboro Vermont Bread Company location lost their jobs, the Burlington Free Press reported. New York City-based American Industrial Acquisition Corporation bought the company a few weeks ago, according to a news release from G2 Capital Advisors, a financial advisor to the company. Jeff Sands of Dorset Partners, a financial advisor to the owner, sent out a written release about the closing.

80-year-old Koffee Kup Bakery closes; financial losses cited

80-year-old Koffee Kup Bakery closes; financial losses cited
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80-year-old Koffee Kup Bakery closes; financial losses cited

80-year-old Koffee Kup Bakery closes; financial losses cited
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

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