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11-16-2012, 09:29 AM
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Forever Loved Admin
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Join Date: Dec 2007
Location: Texas
Posts: 26,537
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Re: RIP Twinkies!
http://hostessbrands.com/Closing.aspx
We are sorry to announce that Hostess Brands, Inc. has been forced by a Bakers Union strike to shut down all operations and sell all company assets. For more information, go to hostessbrands.info. Thank you for all of your loyalty and support over the years.
HOSTESS BRANDS TO WIND DOWN COMPANY AFTER BCTGM UNION STRIKE CRIPPLES OPERATIONS
Friday, November 16, 2012 at 7:00AM
Irving, TX – November 16, 2012 – Hostess Brands Inc. today announced that it is winding down operations and has filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets, including its iconic brands and facilities. Bakery operations have been suspended at all plants. Delivery of products will continue and Hostess Brands retail stores will remain open for several days in order to sell already-baked products.
The Board of Directors authorized the wind down of Hostess Brands to preserve and maximize the value of the estate after one of the Company’s largest unions, the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM), initiated a nationwide strike that crippled the Company’s ability to produce and deliver products at multiple facilities.
On Nov. 12, Hostess Brands permanently closed three plants as a result of the work stoppage. On Nov. 14, the Company announced it would be forced to liquidate if sufficient employees did not return to work to restore normal operations by 5 p.m., EST p.m., Nov. 15. The Company determined on the night of Nov. 15 that an insufficient number of employees had returned to work to enable the restoration of normal operations.
This is what you get when you look up Hostess cupcakes. 
__________________
If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
2 Chronicles 7:14 KJV
He hath shewed thee, O man, what is good; and what doth the LORD require of thee, but to do justly, and to love mercy, and to walk humbly with thy God? Micah 6:8 KJV
Beloved, now are we the sons of God, and it doth not yet appear what we shall be: but we know that, when he shall appear, we shall be like him; for we shall see him as he is. 1 John 3:2 KJV
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11-16-2012, 09:55 AM
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Registered Member
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Join Date: Jul 2009
Location: North of the Rio Grande
Posts: 2,794
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Re: RIP Twinkies!
Ya know, the idiocy of people astounds me at times, yet we have seen this happen time and time again.
What will happen now is that another company will arise up, using the old recipes and start making those again, but now without a union.
__________________
WHO IS BREXIT AND IS HE A TRINITARIAN?- James LeDeay 10/30/16
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11-16-2012, 10:08 AM
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Registered Member
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Join Date: Jun 2011
Location: ohio
Posts: 614
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Re: RIP Twinkies!
wonderbread is in defiance, ohio where I live.I know people who work there.
Dennis
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11-16-2012, 10:09 AM
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Not riding the train
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Join Date: Mar 2007
Posts: 48,544
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Re: RIP Twinkies!
Quote:
Originally Posted by Monterrey
Can you imagine the shudder and horror that is going down the backbone of policemen everywhere?
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11-16-2012, 10:33 AM
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Beautiful are the feet......
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Join Date: Feb 2007
Location: Right...behind...you!
Posts: 6,600
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Re: RIP Twinkies!
This same type of thing happened at the factory where my FIL was in upper management. The union went on strike, and the management told the union that if they didn't accept a small cut in pay and benefits, the factory would be forced to close. The union continued to strike thinking that the threat was just a negotiating ploy. Guess what? The factory closed and hundreds were left without a good paying job!
Good paying jobs are hard to find these days, and cuts of this nature is going to be the norm when Obamacare goes into effect.
__________________
Words: For when an emoticon just isn't enough.
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11-16-2012, 10:36 AM
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Registered Member
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Join Date: Jul 2009
Location: North of the Rio Grande
Posts: 2,794
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Re: RIP Twinkies!
Quote:
Originally Posted by deafdriscoll
wonderbread is in defiance, ohio where I live.I know people who work there.
Dennis
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What do you mean defiance? They are the owners. They are the boss.
These are hard times dd, companies are cutting costs trying to stay afloat. Now there are thousands of people out of work because they thought they wanted to keep the status quo.
What the companies need to do is break the backs of the unions.
__________________
WHO IS BREXIT AND IS HE A TRINITARIAN?- James LeDeay 10/30/16
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11-16-2012, 11:33 AM
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Registered Member
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Join Date: Sep 2009
Posts: 2,149
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Re: RIP Twinkies!
Quote:
Originally Posted by Monterrey
What do you mean defiance? They are the owners. They are the boss.
These are hard times dd, companies are cutting costs trying to stay afloat. Now there are thousands of people out of work because they thought they wanted to keep the status quo.
What the companies need to do is break the backs of the unions.
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Defiance is a city here in Ohio.
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11-16-2012, 11:56 AM
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Registered Member
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Join Date: Jul 2010
Posts: 3,270
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Re: RIP Twinkies!
Quote:
Originally Posted by Monterrey
What do you mean defiance? They are the owners. They are the boss.
These are hard times dd, companies are cutting costs trying to stay afloat. Now there are thousands of people out of work because they thought they wanted to keep the status quo.
What the companies need to do is break the backs of the unions.
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coo coo coo coo ! earth to monte !
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11-16-2012, 01:32 PM
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Forever Loved Admin
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Join Date: Dec 2007
Location: Texas
Posts: 26,537
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Re: RIP Twinkies!
Man, I love snowballs and their cupcakes.
__________________
If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
2 Chronicles 7:14 KJV
He hath shewed thee, O man, what is good; and what doth the LORD require of thee, but to do justly, and to love mercy, and to walk humbly with thy God? Micah 6:8 KJV
Beloved, now are we the sons of God, and it doth not yet appear what we shall be: but we know that, when he shall appear, we shall be like him; for we shall see him as he is. 1 John 3:2 KJV
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11-16-2012, 01:38 PM
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Registered Member
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Join Date: Jul 2009
Location: North of the Rio Grande
Posts: 2,794
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Re: RIP Twinkies!
Just heard Rush say that Obama is gonna nationalize Twinkies!
Bwahaha
__________________
WHO IS BREXIT AND IS HE A TRINITARIAN?- James LeDeay 10/30/16
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