Mothers cookies shut down

The mothers cookies company that has been around for 92 years has suddenly filling for bankruptcy. The loyal workers were told on Friday that production would cease and on Monday no more cookies would be made. The company pin pointed rising prices for some of the raw materials used and fuel. On Monday the company filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court for the District of Delaware.
The mothers cookies company was juggled around through the years between many bigger companys. The last people to own this company before its downfall were the Archway & Mother's Cake and Cookie Co. of Battle Creek, Mich. It was owned by Catterton Partners, a private-equity firm in Greenwich, Conn., which purchased them in 2005. Many companys have been going through great amount of layoffs of there workers, when motther cookies didnt follow the 60 day layoff requirement. In 2006 when they were uprooted from Oakland and relocated about 230 employees lost there jobs.
Its easy to see that this company brought there own downfall upon them, with there poor financial system to how they treated there employers. The raise in prices of gas and materials was far to great for them to sustain and it led to there end. After 92 years it was the end and they weren't able to struggle back to the top like they have done before.