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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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