Not sure on the money trail, but you may be right on where they could be made in the future. It appears the ones who bought just the Hostess stuff, are experts at buying, reviving, then selling the companies. If they sell Hostess later on down the road, who knows where they may be made. Twinkies have so much preservatives, it wouldn't hurt them at all to be put on a slow boat from China.
But as for right now, the owners of Pabst Blue Ribbon beer also own twinkies. That's a heckuva combination.
Twinkies Are Coming Back: The Metropoulos Brothers On the Brand - The Daily Beast
Here is an excerpt from the above article:
But last month, the Metropouloses, a family of entrepreneurs with a long track record of turning around wounded and orphaned brands, were
given approval by a bankruptcy court to
acquire control of Hostess. Once the deal closes, they’ll aim to do for Twinkies what they have done with Pabst Blue Ribbon—reposition the brand to a new generation of customers while retaining die-hard fans.
Over the last few decades
Greek immigrant Dean Metropoulos has bought, restructured, revived, and sold a series of packaged food brands, including Chef Boyardee, Vlasic Pickles, Bumblebee Tuna, Aunt Jemima, Duncan Hines, and Log Cabin. His success has made him a billionaire; he ranks No. 377 on the
Forbes 400. His two millennial sons, Daren (29) and Evan (32), grew up in Stowe, Vermont, and Greenwich, Connecticut, and are now principals with their father in Metropoulos & Co. The two are co-CEOs of Pabst Brewing Company, and they are helping to lead the reinvention of Hostess.