Banckruptcy court approves sale of Jay's to Snyder's of Hanover

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Snyder's of Hanover gets approval to buy Jay's potato chips

December 05, 2007
Source
The Times Online
Jays Potato Chips is closing its South Side plant, effective today, and taking 220 jobs with it.

The 80-year-old company, which filed for Chapter 11 bankruptcy on Oct. 11, received bankruptcy court approval Tuesday to sell its assets for $24.8 million to Hanover, Penn.-based Snyder's of Hanover Inc., which was identified in court papers as Jays Acquisition Inc., a Jays spokesman said.

The sale means the closing of the company's plant at 825 E. 99th St.
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Highlighted Company

  • Jays Potato Chips

    Jay's Foods was a US Snack Food Company from the Chicago area. The company went into bankruptcy protection in October 2007. Jay's Foods was acquired by Snyder's of Hanover in December 2007.

  • Snyders of Hanover

    Snyder's of Hanover is a family owned manufacturer of snack foods, including potato chips. Snyder's, located in the US, is specialized in pretzels. In December 2010 Snyders of Hanover and Lance merged to form the company Snyders - Lance.

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