Canadian baker to buy Koffee Kup, Vermont Bread Co. facilities
A Koffee Kup Bakery truck outside the Vermont Bread Co. in Brattleboro on Tuesday. Photo by Kevin O’Connor/VTDigger
The Koffee Kup Bakery in Burlington, seen on Tuesday, April 27, 2021, abruptly laid off most of its employees and shuttered the plant. Photo by Glenn Russell/VTDigger
Modified: 5/27/2021 10:24:12 PM
Atlantic Canada’s largest family-owned bakery is buying the recently closed Koffee Kup Bakery of Burlington and subsidiary Vermont Bread Co. of Brattleboro.
Mrs. Dunster’s, a New Brunswick distributor of baked goods across the Maritime Provinces and in Maine, announced its purchase Thursday just hours after receiving approval for incentive money from the Vermont state government to reopen the nearly century-old business.
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Bakeries were suddenly closed April 26, new owners will reopen both locations, retain brands. Courtesy photo of Blair and Rosalyn Hyslop owners of Mrs. Dunster’s Bakery.
Vermont Business Magazine Blair and Rosalyn Hyslop, “couplepreneurs” from Sussex, New Brunswick, who are the owners of Mrs. Dunster’s Bakery, announced Thursday their intention to purchase all the assets of the Koffee Kup Bakery in Burlington, Vermont.
“We are thrilled to announce today that we have formed a new company, called North Atlantic Baking Company.” said Co-CEO Blair Hyslop, “We have been advised that North Atlantic Baking Company is the preferred purchaser of the Koffee Kup assets & we are focused on moving quickly to conclude negotiations which will lead to restarting operations very soon.
Canadian bakery shows interest in Koffee Kup assets reformer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reformer.com Daily Mail and Mail on Sunday newspapers.
Vermont unemployment rate falls to 2.9 percent
The Vermont seasonally-adjusted unemployment rate fell again and at 2.9 percent in March is back under 3 percent for the first time since just before the pandemic hit in early 2020. The rate reflects a decrease of one-tenth of one percentage point from the prior month’s revised estimate of 3.0 percent. Vermont now is tied for the lowest rate in the nation with three Western states. There are still over 28,000 filing unemployment claims in Vermont. While this about a third the number of filers from the peak of the pandemic, it is still historically high. Ongoing claims typically would be under 6,000. The pandemic numbers also include new programs like the PUA, which in recent weeks has accounted for almost 9,000 claims.
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BRATTLEBORO â Vermont Attorney General T. J. Donovan has filed a legal brief in support of former employees of Vermont Bread Co., who have gone to court to force the companyâs receiver to pay wages and benefits the workers say they were owed when the company abruptly closed last month.
Former workers at Vermont Bread Co. in Brattleboro and Koffee Kup Bakery in Burlington were left jobless on April 26 when American Industrial Acquisition Corporation, the company that purchased the bakeries on April 1, shut the doors. Workers at locations in Brattleboro, Burlington, and North Grosvenor Dale, Conn., arrived for work that morning to find their jobs had vanished.