In New York, a Bronx cookie factory is closing its doors just weeks after its striking workers won a long-running dispute for back wages and reinstatement. The Connecticut-based private equity fund Brynwood Partners says it has sold the Stella D’Oro Biscuit Company to another firm that wants to move it to Ohio. Stella D’Oro workers returned to the job in July after winning an eleven-month strike against pay cuts and benefit losses. Brynwood says it was forced to sell the factory because the workers wouldn’t accept the cuts. The workers say they plan to fight the sale to keep their jobs.
Bronx Cookie Factory Stella D’Oro Announces Closure
HeadlineSep 11, 2009