Since my first real exposure to industrial food processing was during my years at ITT Continental Baking Company, I am saddened at the recent demise of its latest manifestation, Hostess Brands. Continental Baking Co. was an innovator in baking and, for a time, in other areas of food processing. As it passed through successive owners, the company seemed to lose that competitive edge and also suffered from poor management and heavy debt.
A few illustrative examples will support my claim: Wonder bre…