Merger Closes Bakery's Paterson Operation

Summary


Minardi Baking Co., a third-generation Italian bakery that had been in Paterson for 84 years, this week closed its doors, merged with a larger bakery and moved to Denville.

Family members said rising operation costs, including "skyrocketing" property taxes, increased health care premiums and the price of gasoline for its fleet of trucks, forced them to merge and relocate.

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Extract


Merger Closes Bakery's Paterson Operation

"It was a very difficult decision," said John Minardi, a third- generation baker who said the family discussed it at length.

The new company ...

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