No More Twinkies for You! Hostess Going Out of Business

[stu2002]

NEW YORK (CNNMoney) -- Hostess Brands -- the maker of such iconic baked goods as Twinkies, Devil Dogs and Wonder Bread -- announced Friday that it is asking a federal bankruptcy court for permission to close its operations, blaming a strike by bakers protesting a new contract imposed on them.

The closing will result in Hostess' nearly 18,500 workers losing their jobs as the company shuts 33 bakeries and 565 distribution centers nationwide. The bakers' union represents around 5,000.

http://money.cnn.com/2012/11/16/news...ing/index.html

[tod evans]

A bad nutritionally as this stuff is I still love it!

Sad day...

Don't worry though, Wally-World or some Eastern company will pick up the pieces, fire the union employees, cut quality corners and ramp up production...

[fisharmor]

Yeah heard this on National Proletariat Radio this morning.

Hostess, Checker Cab.... any other examples of companies folding due to union activity?

[tod evans]

Yeah heard this on National Proletariat Radio this morning.

Hostess, Checker Cab.... any other examples of companies folding due to union activity?

Checker too?

That really sucks, far as I know they were the last "real" car company....You know 18ga metal and full frames...

[opal]

ooooo where do we go to get one of those old checkers?????

[presence]

I posted this yesterday.

http://www.ronpaulforums.com/showthr...y-last-forever

seeing as my thread died and this one floats... what do you guys think of this slant:

management was trying to make union workers the scapegoats for a plan by "Wall Street investors" to sell off Hostess.


The union said the private equity and hedge funds that control Hostess did not live up to promises to modernize plants and trucks but

grew the company's debt
while rewarding themselves financially.

That sounds like the Bain method to me.

[opal]

sorry.. I missed most of yesterday.. husband had surgery

[tod evans]

ooooo where do we go to get one of those old checkers?????

Read wiki for a bit and it sounds like the 80's were the last year of full production, kind of hard to decipher but Checker may still have been stamping out replacement "parts" in one factory or another into this century...

[Feelgood]

I posted this yesterday.

http://www.ronpaulforums.com/showthr...y-last-forever

Silly goose. Do you REALLY expect people to USE the search feature BEFORE posting? Really?

[LoneStarLocke]

Perhaps BIMBO could take over. I know they're trying to purchase the Sara Lee Bakery close to where I grew up. Oh the memories of rushing to the bakery store after school. The packages were all fogged over because the product had come straight off the line.

I say that the non-union employees should treat the union workers like "scabs". Give 'em a taste of their own medicine.