Schwebel Baking Company Will Liquidate After 120 Years in Business
The 120-year-old bakery said aging facilities, labor costs and weak demand left it unable to find a buyer or new investment.
- The historic Schwebel Baking Company, a Mahoning Valley institution founded in 1906, announced Wednesday it will wind down operations and initiate liquidation following the Fourth of July holiday.
- Management cited "operational and financial constraints," including aging manufacturing facilities, costly labor contracts, and shifting consumer demand for traditional bread products, as key factors behind the decision.
- After 120 years of operation, Schwebel failed to find a buyer or investment source despite "comprehensive efforts" to secure financing and defer pension obligations.
- BCTGM International Union, Local 19 represents the bakery's manufacturing and production workers; Dani Robbins, CEO of Lake to River, said the agency stands ready to assist the workforce.
- The closure encompasses bakeries in Youngstown and Hebron, Ohio, alongside distribution centers serving customers across Ohio, Pennsylvania, and New York, with operations winding down throughout the summer.
12 Articles
12 Articles
'It's sad': Schwebel's imminent closure brings to an end a Northeast Ohio baking tradition
The Schwebel Baking Company will begin winding down operations after the Fourth of July weekend. Its products have been a fixture in area stores for generations.
Schwebel Baking Company closing retail stores, distribution centers after 120 years
Schwebel Baking Company, a longtime Northeast Ohio staple in grocery stores and local kitchens, is going out of business. Through a public relations firm, the company announced that "it will begin winding down operations and expects to initiate a liquidation of its business."In a press release, the Youngstown company cited "operational and financial constraints," adding, "These challenges include aging manufacturing facilities and equipment, cos…
Schwebel’s to wrap up operations after July 4
YOUNGSTOWN — Schwebel Baking Company, a Mahoning Valley institution founded in 1906, plans to end operations after the Fourth of July holiday, the company announced Wednesday in a news release. “The Schwebel’s brand has been known for the highest quality of bread, buns and other bakery products for over 100 years, and we are devastated to reach the point where liquidation is the only remaining option,” said Steve Cooper, Schwebel’s CEO. “We’ve w…

Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium







