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Old 11-16-2012, 07:21 AM   #1
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The world as we know it is coming to an end...

School lunches will never be the same

http://www.nbcnews.com/business/host...ness-1C7112898

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Hostess Brands, baker of iconic Twinkies cakes, said Friday it asked a court's permission to shut down the entire company after a strike crippled its operations.

The move shuts down one of the nation's oldest and largest producers of baked goods. Founded in 1930, it produces such well-known brands, aside from Twinkies, as Ding-Dongs, Ho Ho's, Sno Balls and Donettes, not to mention Wonder bread, which the company says is the best-selling white bread in the United States.

In a statement, Hostess said its bakery operations have been suspended at all plants and that it would lay off most of its 18,500 workers to focus on selling its assets. It said it has filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets, including 33 bakeries and 565 distribution centers.
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Old 11-16-2012, 07:32 AM   #2
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fvuk unions.
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Old 11-16-2012, 07:37 AM   #3
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It will be the first of many. Washington has done little to incent corporate america's growth the last four years. A nation's prosparity is derived from a high employement rate. A high employment rate is the function of a motivated business market. US business leaders, especially smaller businesses, are no longer feeling motivated and those just barely getting by won't be able to take on new burdens from the labor force, or from Washington.

Talked to a few long term successful business owners recently, two of which were talking about plans for expansion in 2013 / 2014, but as a result of the election, both have tabled their plans in favor of just managing to sustain.
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Old 11-16-2012, 07:43 AM   #4
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It will be the first of many. Washington has done little to incent corporate america's growth the last four years. A nation's prosparity is derived from a high employement rate. A high employment rate is the function of a motivated business market. US business leaders, especially smaller businesses, are no longer feeling motivated and those just barely getting by won't be able to take on new burdens from the labor force, or from Washington.

Talked to a few long term successful business owners recently, two of which were talking about plans for expansion in 2013 / 2014, but as a result of the election, both have tabled their plans in favor of just managing to sustain.
keep your politics out of here. This isn't a result of the election, this is a result of the employees striking, the company warning them it wouldn't be able to continue, and the employees maintaining their strike.
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Old 11-16-2012, 07:51 AM   #5
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Old 11-16-2012, 07:54 AM   #6
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Time to stock pile Twinkies!!!
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Old 11-16-2012, 08:12 AM   #7
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Old 11-16-2012, 08:19 AM   #8
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Atlas is shrugging...
or is no longer at risk for diabetes.

Disappointing needless to say.
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Old 11-16-2012, 08:41 AM   #9
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What is this, the 3rd time they've filed bankruptcy?


The word Twinkie is synonymous with junk food, it's too valuable a brand to throw away. They will be made somewhere, even if it is not a Hostess-owned bakery.
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Old 11-16-2012, 08:49 AM   #10
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wow... here's something: A strike by about a third of the workforce caused the recent shutdown and layoff of everybody.

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In November 2012, Hostess employees nationwide went on strike. The Bakery, Confectionery, Tobacco Workers and Grain Millers' International Union, which represents 6,600 Hostess employees, took the strike action after the latest contract proposal from Hostess Brands was rejected by 92 percent of its members. In response, Hostess Brands issued the following statement:"A widespread strike will cause Hostess brands to liquidate if we are unable to produce or deliver products. If that's the case, the company will move promptly to lay off most of its 18,300-member workforce and focus on selling its assets to the highest bidders. We urge our employees to remain on the job to rebuild the company."[22]
On November 16, 2012, Hostess announced that it was ceasing plant operations, laying off most of its 18,500 employees, and filing for bankruptcy.[23][24] The CEO, Gregory F. Rayburn stated, "Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders."
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Old 11-16-2012, 08:57 AM   #11
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wow... here's something: A strike by about a third of the workforce caused the recent shutdown and layoff of everybody.
am I an assh0le because I think it's funny that them striking now put them out of work? For some reason these "strikers" always annoy the sh1t out of me when I see them.
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Old 11-16-2012, 08:59 AM   #12
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am I an assh0le because I think it's funny that them striking now put them out of work? For some reason these "strikers" always annoy the sh1t out of me when I see them.
I've got no problem with the strikers being out of a job. I just feel a bit bad for the 12,000 or so people who just wanted to go to work and had no interest in striking.

I make fun of my wife for being a union worker (teacher). But she's already admitted she's going to scab if the picket lines form.
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Old 11-16-2012, 09:04 AM   #13
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What is the shelf life of a Twinkie??? Black Market...I wonder if I set up a legit business after all we did just pass the marijuana law in Washington..
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Old 11-16-2012, 09:24 AM   #14
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The comments on the twinkies.org are priceless:

http://www.google.com/url?sa=t&rct=j...1wuc66OK3MGa9g
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Old 11-16-2012, 09:40 AM   #15
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well now I do feel like an assh0le. My friend has a hostess route and is already out of a job. I'm trying to get some info from him now.
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Old 11-16-2012, 09:42 AM   #16
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fvuk unions.
This.
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Old 11-16-2012, 09:52 AM   #17
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What is the shelf life of a Twinkie??? Black Market...I wonder if I set up a legit business after all we did just pass the marijuana law in Washington..
I like your style, sir!
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Old 11-16-2012, 09:53 AM   #18
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Old 11-16-2012, 10:06 AM   #19
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Time to stock pile Twinkies!!!
With a shelf life of 100 years, you'll be set for the rest of your life.
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Old 11-16-2012, 10:18 AM   #20
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What are basis for the strike? Self deserving fat fvcking union idiots?
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