A fairgoer enjoys a Krispy Kreme sandwich and deep-fried Kool Aid at the Orange County Fair in Costa Mesa, Calif.

Fairs might have to keep finding new things to throw in the fryer. Hostess, the maker of Ho Hos, Ding Dongs, Wonder Bread and, most important to fairs, Twinkies, has officially shut down and put its assets up for sale.

“I consider it a big loss for the fair industry,” said Noreen Tassinari, director of Marketing at Eastern States Exposition in West Springfield,...

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