Fans of Hostess Twinkies, Ho Ho’s and Ding Dongs are going to have to find new fixes before much longer. The Texas-based company has announced that it plans to call it quits.
The move comes on the heels of a national worker strike and may impact an estimated 18,500 jobs across America. The company filed for Chapter 11 bankruptcy protection earlier this year.
“Hostess Brands is unprofitable under its current cost structure, much of which is determined by union wages and pension costs,” a company press release stated, according to the Huffington Post.
On its website, Hostess has this to say: "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."
Hostess Twinkies have been an American mainstay for more than 80 years. The company is also responsible for the creation of Wonder Bread, Dolly Madison snacks and Sno Balls.
While the Huffington Post says the Twinkie brand will go up for sale, it remains unclear how much longer Hostess products will remain on grocery store shelves or how soon a buyer will step forward to bring the popular snack food back to the market.
What do you think about this news, Tampa Bay? What Hostess products will you miss the most? What do you think about the company’s stated reasons for closing? Share your thoughts in the comments section.
Now, I do not think that Unions are as useful for the average employee than they were when they were instituted. Not to say that do not have some value, but overall, they have been just as harmful to business as the skyrocketing levels of executive pay. Unions have in most part become a way to protect under achieving and retired employees than the guy on the line. By the way... this destroys the premise of the movie Zombieland which is the real victim here.
www.seedsofdeception.com/ What I said above isn't a joke. I'm actually blown away by how many people are unaware of genetically modified foods. Do yourself and your family a favor and start looking into this madness. Monsanto is pure evil and their people are littered throughout the Federal Govt. Seriously, please do some research into GMO's. If you still have a brain capable of discerning good from evil, you will be thankful to learn about the frankenseeds.
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You wouldn't believe the pure propaganda/lies told to the people. They were actually meant to believe the Bill was written by trial lawyers so they could bring about million$$$$ in lawsuits.........all on the backs of the taxpayers. They actually convinced the dumbed-downed public that labeling would cost each Californian $100-$200 extra each year................as those who opposed the Proposition spent upwards of $50 millions. Regardless of what any person thinks regarding GMO's, the very fact that Million$$$$ were spent to save each person a few hundred$$$$ speaks volumes. People want to fight about Big Bird and womans rights to kill and 47% and tax returns and birth place when Monsanto is taking over the world via their seeds. GMO OMG WTF R WE EATING???
I'm not a partaker of the Cannabis. But the friends I have that do partake in it, I'm sure are not worried about a diet version. I have no problem with the user of a plant, but I'm sure some genetic engineering went into the Diet version. Much like all the other genetic stuff with other foods.
Thanks to the Philadelphia Federation of Teachers, many of my friends could afford this generation's horrific college costs for their kids. I got my BA for under $10,000--and lived in the dorm. The next generation saw college costs explode, and only hard union work brought teachers out of borderline poverty . Unions are still an essential force for helping those who work for others.
I was joking about the Diet Cannabis.....although there are extreme differences between Male/Female plants and Indica/Sativa......which leads some strains to cause the munchies. The plant is so wonderfully made, it will never need any engineering. The Cannabinoids produced by the plant are such an amazing compound, some of us never have the need to ever go to an MD. It does blow my mind how a plant has been demonized as much as this one.....and the scary part is the public actually buys the lies. My gosh, if you didn't know any better, one would believe "Reefer Madness" was satirical. "Make nature against the law......is like saying God made a mistake" I love Bill Hicks take on the subject.....and he wasn't a partaker of the Cannabis either: www.youtube.com/watch?v=P2BevE96gtc
www.incb.org/documents/Press_Releases/press_release_151112.pdf " The INCB President requested the Government of the United States to take the necessary measures to ensure full compliance with the international drug control treaties within the entire territory of the United States, in order to protect the health and well-being of its citizens" Where's the outcry over the pharmaceutical drugs that actually kill people and destroy lives? Screw the UN.