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Discussions with Potential Schwebel Buyer Have Closed

YOUNGSTOWN, Ohio – Discussions with a potential buyer have closed, and the 120-year-old Schwebel Baking Co. is proceeding with a wind-down of its operations. That’s according to an order filed Wednesday afternoon in U.S. District Court. It was filed after a Wednesday morning phone conference between attorneys for the company and several Teamsters locals. “We’re…

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