No more twinkies? Hostess to close.

[j_garcia]

This will make finding Twinkies, after the Zombie Apocalypse, MUCH more difficult.

Yeah, so I guess that means no Zombieland 2?

This has gotten stupid ALREADY. My GF snapped a pic of a dude with a pickup truck load of Twinkies selling them on the side of the road.

 

[Adam]

My GF snapped a pic of a dude with a pickup truck load of Twinkies selling them on the side of the road.

And soon to follow - the riots.

The Mayan prophecy has begun.

(I thought of the Mayans, but I'm not the only one...because a quick Google search came up with that image. )

 

[j_garcia]

I see, so the prediction was either Twinkies would end the world or it would be the end of Twinkies, obviously misinterpreted as the end for the world.

 

[bikemig]

And soon to follow - the riots.

The Mayan prophecy has begun.

(I thought of the Mayans, but I'm not the only one...because a quick Google search came up with that image. )

Well the Mayan civ apparently fell apart because of changing climate patterns. Maybe they were on to something when they predicted the demise of the world to the end of Hostess cupcakes?

 

[markw]

Well the Mayan civ apparently fell apart because of changing climate patterns. Maybe they were on to something when they predicted the demise of the world to the end of Hostess cupcakes?

Actually, the Mayans invented the twinkie. The fall of the civilization came about when the slaves that made them went on strike, leading the rest of the nation to go into terminal sugar witdrawl, from which they never recovered.

 

[lsiberian]

Ding Dongs and Twinkies are saved. Apparently the Union and company are in mediation. That said I'd rather have little Debbie snacks.

 

[j_garcia]

 

[sholling]

Ding Dongs and Twinkies are saved. Apparently the Union and company are in mediation. That said I'd rather have little Debbie snacks.

It's dead again. Mediation failed and it's back to BK court.

Negotiations Fail Between Hostess, Union

The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union.

 

[markw]

Well, as much as i hate to say it, sometimes half a loaf is better than none.

This does not bode well for the 18,500 workers and their families. Those jobs are gone for good.

The union leaders truly believe the company will be sold in tact and they will all get their jobs back and everyone will live happily ever after. Methinks they sorely, almost criminally, misled their members on this one.

When (not IF) Hostess sells off their brands, which are worth a fortune, you can bet your bottom dollar they won't be made in the same locations. And, most likely, they will be made in a right-to work state or, even more likely, in Mexico (gotta love NAFTA) where sugar is cheaper. Even assuming a bundled sale, betcha the new delivery systems allows both bread and sweets to be delivered by the same trucks. As it now stands,contracts stipulated that this had to be handled by two separate, distinct trucks, truck routes, and drivers. ...not to mention those 9 week vacations.

I do hope they continue with little, bite-sized sugared donettes. Every so often i get a wicked craving for those things even though it drive my glucometer crazy.

Here's a Linky

 

[lsiberian]

Well, as much as i hate to say it, sometimes half a loaf is better than none.

This does not bode well for the 18,500 workers and their families. Those jobs are gone for good.

The union leaders truly believe the company will be sold in tact and they will all get their jobs back and everyone will live happily ever after. Methinks they sorely, almost criminally, misled their members on this one.

When (not IF) Hostess sells off their brands, which are worth a fortune, you can bet your bottom dollar they won't be made in the same locations. And, most likely, they will be made in a right-to work state or, even more likely, in Mexico (gotta love NAFTA) where sugar is cheaper. Even assuming a bundled sale, betcha the new delivery systems allows both bread and sweets to be delivered by the same trucks. As it now stands,contracts stipulated that this had to be handled by two separate, distinct trucks, truck routes, and drivers. ...not to mention those 9 week vacations.

I do hope they continue with little, bite-sized sugared donettes. Every so often i get a wicked craving for those things even though it drive my glucometer crazy.

Here's a Linky

Texas is a right to work state. That's where Hostess is headquartered.

 

[lsiberian]

I do hope they continue with little, bite-sized sugared donettes. Every so often i get a wicked craving for those things even though it drive my glucometer crazy.

I know what you mean. I prefer the little chocolate ones. I don't know how they do it, but that stuff is amazing.

maybe in Mexico they can add a couple more special ingredients.

 

[sholling]

Texas is a right to work state. That's where Hostess is headquartered.

Texas is but they have bakeries and distribution centers all over the US. It'll probably cheaper for them to bake the goods in a northern Mexico location and run a fleet of trucks deliver product to independent distributors.

 

[lsiberian]

Texas is but they have bakeries and distribution centers all over the US. It'll probably cheaper for them to bake the goods in a northern Mexico location and run a fleet of trucks deliver product to independent distributors.

Maybe, but northern Mexico isn't exactly stable at the moment. The people there certainly need the jobs. I'm sure the folks here will have a tough time though.

 

[markw]

Texas is a right to work state. That's where Hostess is headquartered.

True, but that's only the headquarters. The striking bakeries aren't in Texas but all Hostess bakeries are subject to the union contract. The purcasing company is not bound to accept the union contracts unless it chooses to.

 

[markw]

Maybe, but northern Mexico isn't exactly stable at the moment. The people there certainly need the jobs. I'm sure the folks here will have a tough time though.

There's a lot of right-to-work states right here in the US of A where those jobs would be jumped on in a Noo Yawk minute.

 

[lsiberian]

There's a lot of right-to-work states right here in the US of A where those jobs would be jumped on in a Noo Yawk minute.

Yeah I know there are good unions out there, but this doesn't help those workers who need a union. I wonder if they will simply reopen the factories without the old union deals. They can probably write off the pensions and get back to business.

 

[markw]

Yeah I know there are good unions out there, but this doesn't help those workers who need a union.

Perhaps, but, at some point, some unions stop working for the members best interest and in the union's instead. It's not like the company didn't try to bring them on board.

"In October, the company filed a plan with the federal bankruptcy court in New York. It called for an 8 percent cut to employees’ wages, a reduction in health benefits, and a freeze in pension plan payments for over two years. In return, unionized employees would get a 25 percent equity stake in the company, two seats on its board of directors, and an interest-bearing note worth $100 million. The 8 percent wage cut was part of a five-year deal that included a 3 percent wage increase in the next three years and a 1 percent raise in the final year."

Please note that in four years, all the wage cuts would have been restored along with a 2% increase.

Link to source of above snippet.

I wonder if they will simply reopen the factories without the old union deals.

They won't be in the same state, you betcha.

They can probably write off the pensions and get back to business.

Well, had the company been able to stay in business or been soldin tact, they could have worked something out. Now that the company was forced to close and liquidate, all bets are off.

 

[lsiberian]

Perhaps, but, at some point, some unions stop working for the members best interest and in the union's instead. It's not like the company didn't try to bring them on board.

"In October, the company filed a plan with the federal bankruptcy court in New York. It called for an 8 percent cut to employees’ wages, a reduction in health benefits, and a freeze in pension plan payments for over two years. In return, unionized employees would get a 25 percent equity stake in the company, two seats on its board of directors, and an interest-bearing note worth $100 million. The 8 percent wage cut was part of a five-year deal that included a 3 percent wage increase in the next three years and a 1 percent raise in the final year."

Please note that in four years, all the wage cuts would have been restored along with a 2% increase.

Link to source of above snippet.


They won't be in the same state, you betcha.

Well, had the company been able to stay in business or been soldin tact, they could have worked something out. Now that the company was forced to close and liquidate, all bets are off.

I expect they will be bought quickly, but it's really sad when people are this dumb. Especially before Christmas.

 

[markw]

I expect they will be bought quickly, but it's really sad when people are this dumb. Especially before Christmas.

I just hope the jobs stay in the states.

 

[sholling]

Perhaps, but, at some point, some unions stop working for the members best interest and in the union's instead. It's not like the company didn't try to bring them on board.

"In October, the company filed a plan with the federal bankruptcy court in New York. It called for an 8 percent cut to employees’ wages, a reduction in health benefits, and a freeze in pension plan payments for over two years. In return, unionized employees would get a 25 percent equity stake in the company, two seats on its board of directors, and an interest-bearing note worth $100 million. The 8 percent wage cut was part of a five-year deal that included a 3 percent wage increase in the next three years and a 1 percent raise in the final year."

Please note that in four years, all the wage cuts would have been restored along with a 2% increase.

Link to source of above snippet.


They won't be in the same state, you betcha.

Well, had the company been able to stay in business or been soldin tact, they could have worked something out. Now that the company was forced to close and liquidate, all bets are off.

If Bimbo (pronounced beam-bo) buys them it's likely they will go to Mexico. While I was with a Fortune 500 we moved a big chunk of manufacturing to Mexicali and I know from experience labor is dirt cheap, they do a decent job with low-tech manufacturing, and the locals keep the products flowing north without interruptions. I hope they stay in the US but it will almost for 100% sure not be in the same factories and they will not let the unions get away with requiring separate routes/trucks/drivers for breads and sweets.

BTW the union protest at LAX is because the workers voted to kick the union out and the union is demanding to be reinstated.