SIMPSONVILLE, SC. – The Muffin Mam, Inc., a Simpsonville-based baked food maker, closed its 100,000 square foot bakery plant in Laurens, SC on Nov. 10 after filing for Chapter 7 bankruptcy with of the U.S. South Carolina District Bankruptcy Court on Nov. 9.
In the case, Muffin Mam said he owed nearly $ 6 million to 189 creditors, including more than $ 600,000 owed to Atlantic Corp., $ 591,400 owed to Hardman Distribution and $ 382,750 owed to Creative Baking Solutions. . The business has assets estimated at less than $ 50,000.
“After Muffin Mam commissioned a new facility in early 2020, the initial lockdowns related to the pandemic significantly limited interactions with customers, which negatively impacted new revenue,” said Todd Littleton , CEO of Muffin Mam.
Mr Littleton said Muffin Mam, like many businesses during the pandemic, struggled to secure supplies and struggled to hire skilled labor.
“While we are deeply disappointed with this result, we sincerely want to thank our employees, customers and suppliers for their tireless efforts over the past two years in our struggle to survive,” he said.
The Connecticut bankruptcy filing comes just over two years after Muffin Mam announced plans for the new $ 18.8 million manufacturing plant in Laurens County. At the time, Muffin Mam said he expected the Laurens plant to complement the company’s existing production facility in Greenville County.
Founded in 1990, The Muffin Mam is a holding company of Azalea Capital of Greenville, SC.