ASHLAND, Oh -- A special story for you this holiday season about jobs lost and found right here in Ohio. In early October, the Archway Cookie Factory in Ashland was abruptly closed by the private equity firm that owned it. Then the Lance Snack Company bought Archway at a bankruptcy auction last week. Sixty workers were asked to return immediately, hopefully the rest in the months ahead.
When they promised to re-open the bakery, Lance handed all 300 former Archway workers a $1500 prepaid debit card. Lance Cookies sold to big chains like Target and Wal-Mart, but Archway production will resume soon. The new owners say if new orders keep flowing in, more jobs will follow.
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