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Hostess employees hope buyers will put them back to work (Yeah right!)
Jacksonville Business Journal ^ | 11/19/2012 | Michael Clinton

Posted on 11/19/2012 7:17:46 AM PST by tobyhill

Former employees of Hostess Brands Inc. are now hoping that a buyer will save pieces of the liquidating company and put them back to work.

Hostess set a 5 p.m. Nov. 15 deadline for workers involved in a union-organized strike to return to work. The company warned that if the ongoing labor strike continued it would force the company into liquidation, and it wasn’t bluffing — having announced plans to liquidate and lay off 18,000 employees.

But now those that are out of work, including nearly 200 in Jacksonville, are hoping that someone will buy the popular Hostess products and reproduce them, the Wall Street Journal reports.

(Excerpt) Read more at bizjournals.com ...


TOPICS: Extended News; News/Current Events
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1 posted on 11/19/2012 7:17:49 AM PST by tobyhill
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To: tobyhill
A buyer is most likely to buy the name and trademark, and produce the stuff in their own plants, rather than buy the Hostess company's plants and machinery. Let's hope they move the production to "right to work" states.
2 posted on 11/19/2012 7:20:51 AM PST by JoeFromSidney ( New book: RESISTANCE TO TYRANNY. Buy from Amazon.)
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To: tobyhill

3 posted on 11/19/2012 7:22:24 AM PST by GrandJediMasterYoda (Someday our schools we will teach the difference between "lose" and "loose")
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To: tobyhill

Yup. The first thing I would want, after sinking millions into a business investment, would be to hire union workers to staff my operation.


4 posted on 11/19/2012 7:23:37 AM PST by fhayek
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To: JoeFromSidney

The plants in the right to work states are worth something..the others are only worth the salvage value of the equipment and the real-estate.
Who buys a money loosing plant in a union shop state? Only a crony with a govt loan with zero equity at risk.


5 posted on 11/19/2012 7:23:37 AM PST by Oldexpat
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To: JoeFromSidney

I live in Mexico. We MAKE Twinkies there REAL cheap. Soon you can order them on line at Amazon and avoid all of the Unionized bakers and drivers and bosses and union shops. Life is great...TWINKIE POWER.


6 posted on 11/19/2012 7:23:55 AM PST by rovenstinez
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To: tobyhill

The products will still be made, but under new owners in their facilities. They would be insane to hire you scumbags......


7 posted on 11/19/2012 7:25:29 AM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: tobyhill

Hopefully the non-union workers will be re-hired. As for the union drones, well, they can get a job, too. Let them get at the end of the line.


8 posted on 11/19/2012 7:26:33 AM PST by COBOL2Java (The GOP-e said "Beat a Marxist with a Liberal!" What a colossal blunder.)
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To: rovenstinez

You’re making the Twinkies American won’t make?..............


9 posted on 11/19/2012 7:27:28 AM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: tobyhill

And I hope the buyers bring them back at half their original pay


10 posted on 11/19/2012 7:27:28 AM PST by Mr. K (some days even my lucky rocketship underpants don't help...)
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To: tobyhill

,,,,, I hope these greedy b@$+@rd$ lose their homes , cars and everything dear to them as many non-union folks have already lost . They ,, unlike many non-union folks still had a job to go to whereas those non-union folks would have easily given up 8% of their wages in order to just keep their jobs , homes , cars etc. .

Some of these union thugs are bragging now on how they closed down Hostess . Let them eat cake now .


11 posted on 11/19/2012 7:30:38 AM PST by Lionheartusa1 (-: Socialism is the equal distribution of misery :-)
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To: tobyhill
"Feed the drivers, shoot the bakers."
12 posted on 11/19/2012 7:31:35 AM PST by tumblindice (America's founding fathers: All armed conservatives.)
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To: tobyhill

Mexiso believes in collective bargaining, uh huh.


13 posted on 11/19/2012 7:33:11 AM PST by Baynative
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To: tobyhill

Hopey for changey ended up in outof joby.


14 posted on 11/19/2012 7:33:22 AM PST by vpintheak (Occupy your Brain!)
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To: tobyhill

This would have been preferable to the GM/Chrysler bailout. As long as Chapter-11 (or whatever number it is) is not an option, this Twinkie example is the next best path. What happened with GM/Chrysler is akin to a buyer coming in to take over twinkie, and KEEP all the inefficient unions in non-right-to-work states.


15 posted on 11/19/2012 7:33:40 AM PST by C210N ("ask not what the candidate can do for you, ask what you can do for the candidate" (Breitbart, 2012))
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To: tobyhill

Someone will definitely by the brsnds, but who in their right mind would hire those guys?

http://www.freerepublic.com/focus/f-bloggers/2960918/posts

A Labor Victory Over Hostess (satire)


16 posted on 11/19/2012 7:34:25 AM PST by GeronL (http://asspos.blogspot.com)
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To: Oldexpat

“Who buys a money loosing plant in a union shop state? Only a crony with a govt loan with zero equity at risk.”

Still a possibility especially with our current adminstration. Most likely Mexico wins in this one. Haven’t heard of any Asian or European interest in this but can’t ignore what any of those parties might do.


17 posted on 11/19/2012 7:34:53 AM PST by Hillarys Gate Cult (Liberals make unrealistic demands on reality and reality doesn't oblige them.)
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To: Oldexpat

The article has experts in liquidation saying it could take years to liquidate Hostess’ assets.

So, even if we’re talking only a year or two, the lion’s share of these workers are not coming back to work at their former place of employment if a purchaser were dumb enough to return to the same place where the union killed the company. That’s not very likely.

I imagine the recipes and trademarks will be purchased by some other product line and reproduced with their own equipment on their own lines in their own states.

I imagine the profit margin on this kind of product means that unionized workers with greeder union bosses will not be considered even for a second as prospective employees. I agree with those who say this will go to some kind of right to work state or to some private company.


18 posted on 11/19/2012 7:37:26 AM PST by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: JoeFromSidney
A buyer is most likely to buy the name and trademark, and produce the stuff in their own plants, rather than buy the Hostess company's plants and machinery.

Our plant just went through that four years ago. Since our plant was non-union, more productive and produced better quality, jobs actually moved from their existing plant to ours. When I went down to the existing plant to pick out which materials we wanted moved to our plant, the stares I got were so icy that I could have frozen (or bleed) to death.

If Bimbo (the Mexican company) becomes the buyer, they will probably not only move production to right-to-work states, they will hire the newly minted DREAMers to replace the the union employees.

And the irony of it all will be totally lost on the jag-offs.

19 posted on 11/19/2012 7:37:52 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: rovenstinez
... and avoid all of the Unionized bakers and drivers...

not if they ship UPS...

20 posted on 11/19/2012 7:38:29 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: tobyhill

I think the unions that are on strike should buy the company or plants. Let them become an employee owned operation, if current ownership wants to liquidate.

It would be interesting to see union bosses setting policy for the company.


21 posted on 11/19/2012 7:39:40 AM PST by Triple (Socialism denies people the right to the fruits of their labor, and is as abhorrent as slavery)
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To: JoeFromSidney
A buyer is most likely to buy the name and trademark, and produce the stuff in their own plants, rather than buy the Hostess company's plants and machinery. Let's hope they move the production to "right to work" states.

A company which buys the names and trademarks may also buy some of the specialized machinery used to make the products, but that machinery will be moved to their existing facilities in right-to-work states.

An acquiring company would be insane to hire any of the union people whose insane strike doomed the original company.

22 posted on 11/19/2012 7:40:01 AM PST by PapaBear3625 (political correctness is communist thought control, disguised as good manners)
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To: vpintheak
Hopey for changey ended up in outof joby

They hoped, that changed.

Simple enough lesson: Not all change is good.

Pity that didn't sink in a couple of months ago....

23 posted on 11/19/2012 7:43:23 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: fhayek
Yup. The first thing I would want, after sinking millions into a business investment, would be to hire union workers to staff my operation.

Union goons are clueless.

What? They want a chance to bully different owners? Union creeps need to move on... find some new company to destroy. They've done this one.

24 posted on 11/19/2012 7:44:38 AM PST by GOPJ (The economy is so bad MSNBC had to lay off 300 Obama spokesmen - Leno)
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To: tobyhill

Were I to be a potential investor, the first question on my checklist is: “Are you planning to rehire ANY union member that voted to strike?”

If yes, I’d tell them to shove it up their smelly union Obamas.


25 posted on 11/19/2012 7:44:53 AM PST by Da Coyote
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To: JoeFromSidney

Step one to getting job back is to move to Mexico.


26 posted on 11/19/2012 7:47:21 AM PST by Morris70
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To: Triple
I think the unions that are on strike should buy the company or plants. Let them become an employee owned operation, if current ownership wants to liquidate.

I agree!! Think your policies can run a business better, Trumka? PROVE IT! Buy the company and run it!
27 posted on 11/19/2012 7:48:48 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
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To: JoeFromSidney

Right ... no sane buyer wants any part of the imbeciles whose collective malfeasance put the first owner out of business.


28 posted on 11/19/2012 7:48:48 AM PST by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: tobyhill

Industrial grade insanity is at work here.

Can you see an astute investor saying:

“Lets buy the Hostess bakery so we can provide employment to the intransigent union workers who drove the original owners into bankruptcy and forced the company to close the business down.”


29 posted on 11/19/2012 7:53:06 AM PST by Iron Munro (Robbing From The Hood and Boy Blunder - Our New Queen and King)
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To: tobyhill

State?


30 posted on 11/19/2012 7:53:49 AM PST by Mamzelle
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To: tobyhill

Why, so your union can poison THAT operation, too??

Uhh, no.

Typical union thinking... “So, what day are the jobs coming back?”


31 posted on 11/19/2012 7:56:08 AM PST by ScottinVA (I've never been more disgusted with American voters.)
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To: Da Coyote

this is one of the reasons employers are only hiring people WITH jobs. You may not be allowed to ask about being a striking unionista. Thus if a person has a job then they are not a trouble maker. (or the odds favor it)


32 posted on 11/19/2012 7:56:33 AM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: xzins
The article has experts in liquidation saying it could take years to liquidate Hostess’ assets.

The lawyers will do their best to complicate and prolong settlements to divert as much of the intrinsic value to themselves as possible.


33 posted on 11/19/2012 7:57:39 AM PST by Iron Munro (Robbing From The Hood and Boy Blunder - Our New Queen and King)
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To: tobyhill

Cue Phyllis Diller laughing.


34 posted on 11/19/2012 8:01:35 AM PST by novascotianative
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To: tobyhill
But now those that are out of work, including nearly 200 in Jacksonville, are hoping that someone will buy the popular Hostess products and reproduce them, the Wall Street Journal reports.

The company liquidated and the union contract has been nullified. IMHO any rehiring of these folk will be on a non-union basis. This is what should have happened to Government Motors, only they would have filed a Chapter 11 reorganization not a Chapter 7 liquidation. After coming out of bankruptcy GM would have shed itself of it's unaffordable union pensions and health care liabilities which had been agreed to without proper planning for the future business model. These handsome benefits were awarded by the big three auto companies under duress when their management sat across the table from the all powerful unions which continuously selected which of the three companies they were going to shut down in each of the union negotiating cycles, which I believe were staggered throughout the decades.

Hardly anyone else in the country has access to these type of benefits mostly paid for by the corporation.

Zero bought off his union buddies at GM but turned his back on the Twinkie Union. He no longer cares since the foolish American sheeple have already made him king for almost a decade. BUCKLE UP FOLKS IT AIN'T GONNA END PRETTY.
35 posted on 11/19/2012 8:04:29 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Hillarys Gate Cult
Still a possibility especially with our current adminstration. Most likely Mexico wins in this one.

If Mexico starts exporting Twinkies to us the FDA will likely issue new rules for importing foods with dangerously high sugar content.

If a new investor is foolish enough to move the Twinkie production lines to non union states, the NLRB will step in with both feet to protect us against "unfair" labor practices.

36 posted on 11/19/2012 8:15:37 AM PST by oldbrowser (Welcome to U.S.Zimbabwe)
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To: tobyhill

For they have sown the wind, and they shall reap the whirlwind. Hosea 8:7


37 posted on 11/19/2012 8:15:53 AM PST by Polyxene (Out of the depths I have cried to Thee, O Lord; Lord, hear my voice.)
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To: COBOL2Java

Why would new owners hire union people all over again. Especially in this economy. The union screwed their members... They were offered 20% stake in the company but the union turned that down. Idiots.


38 posted on 11/19/2012 8:17:00 AM PST by Walkingfeather
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To: Walkingfeather
Why would new owners hire union people all over again. Especially in this economy. The union screwed their members... They were offered 20% stake in the company but the union turned that down. Idiots.

I would give leeway to union rank and file. It's the union leadership that screws the little guys. Still, the card-carrying union members can get at the end of the employment lines behind the non-union people. Just my two cents.

39 posted on 11/19/2012 8:22:30 AM PST by COBOL2Java (The GOP-e said "Beat a Marxist with a Liberal!" What a colossal blunder.)
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To: Smokin' Joe

The unions should buy all these companies going out of business due to the unions. The have hundreds of millions of dollars laying around to payoff politicians. Maybe it is time for membership to stand up and demand that any plant that closes the union should buy and run.

They could hire thanks of people and keep businesses alive.


40 posted on 11/19/2012 8:26:38 AM PST by EQAndyBuzz (George W. Bush is the Emmanuel Goldsten of the modern era.)
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To: tobyhill

41 posted on 11/19/2012 8:26:42 AM PST by Brandonmark (OWCM is The new American Minority!)
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To: tobyhill

Uh, no. You went on strike to destroy the company once, you won’t get the chance to do it a second time.


42 posted on 11/19/2012 8:32:03 AM PST by bgill (We've passed the point of no return. Welcome to Al Amerika.)
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To: tobyhill

Nobody with half a brain wants to buy a union controlled company.


43 posted on 11/19/2012 8:32:03 AM PST by BuffaloJack (Children, pets, and slaves get taken care of. Free Men take care of themselves.)
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To: tobyhill

Someone should manufacture bumper stickers saying ‘Lost your job? Thank a Union!’.

I would put that on my car. And I detest bumper stickers on cars, especially my car.


44 posted on 11/19/2012 8:35:48 AM PST by SusaninOhio
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To: tobyhill

Hmmm, are they now HOPING for Bain to step in? To bad the winner of the election spent the last 4 years demonizing “the rich.” Now these slaves get to reap the whirlwind, no matter which candidate won their votes!


45 posted on 11/19/2012 8:37:27 AM PST by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: tobyhill

“Former employees of Hostess Brands Inc. are now hoping that a buyer will save pieces of the liquidating company and put them back to work.”

Unionism is a mental disorder.


46 posted on 11/19/2012 8:45:52 AM PST by Brooklyn Attitude (Obama being re-elected is the political equivalent of OJ being found not guilty.)
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To: tobyhill

any buyer would be a fool to take former employees with their unions back.


47 posted on 11/19/2012 8:48:45 AM PST by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: Oldexpat
Who buys a money loosing plant in a union shop state? Only a crony with a govt loan with zero equity at risk.

Solyndra ex-executives are looking for a new government funded venture...

48 posted on 11/19/2012 8:52:57 AM PST by Dixie Yooper (Ephesians 6:11)
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To: tobyhill

lemme guess...they’re being bought by General Motors?


49 posted on 11/19/2012 9:02:28 AM PST by Buckeye McFrog
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To: tobyhill
If I bought Hostess I'd pack the whole shebang up and move it all to a right-to-work state.



Then I'd start makin' Twinkies and Ding-Dongs like there was no tomorrow!
(Never thought I'd write THAT sentence.)
50 posted on 11/19/2012 9:03:41 AM PST by servo1969
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