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Hostess Plans to Liquidate After Mediation Fails
Wall Street Journal ^ | 11/20/12 | JULIE JARGON And RACHEL FEINTZEIG

Posted on 11/20/2012 4:46:44 PM PST by jimbo123

Hostess Brands Inc. said Tuesday night that mediation talks with its bakers union failed and the company will proceed with plans to close down and sell its assets.

(Excerpt) Read more at online.wsj.com ...


TOPICS: News/Current Events
KEYWORDS: bained; bakersunion; bimbo; bimboeruption; collins; hohosed; hostess; laborunion; panbimbo; ripplewood; teamsters; twinkiecide; unions
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and Obama Union Goons are claiming victory for sticking it to the man.
1 posted on 11/20/2012 4:46:49 PM PST by jimbo123
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To: jimbo123

Un-freaking-believable. The unions had a chance to salvage this thing, and save 18,500 jobs, and they chose to ‘stick it to the man’ anyway?

Good lord.....they’re incurable.


2 posted on 11/20/2012 4:48:25 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Windflier

Bimbo will buy the trademarks and recipes from Hostess and make Mexican Twinkies with real sugar.


3 posted on 11/20/2012 4:50:33 PM PST by jimbo123
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To: jimbo123

Twikies will be back, but these 18,500 workers won’t.


4 posted on 11/20/2012 4:51:00 PM PST by umgud (No Rats, No Rino's)
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To: jimbo123
and Obama Union Goons are claiming victory for sticking it to the man.

Yeah, because it's not like anyone else is harmed by Hostess going out of business.

5 posted on 11/20/2012 4:51:52 PM PST by Repeal 16-17 (Let me know when the Shooting starts.)
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To: jimbo123
Equipment, management, and distribution system goes to Mexico...union keeps foaming in U.S.

Feast on the shiite, unions. That's the only cream filled center you will get.

6 posted on 11/20/2012 4:53:57 PM PST by RoosterRedux (Obama's second term is his presidential mulligan.)
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To: jimbo123

7 posted on 11/20/2012 4:54:17 PM PST by Gay State Conservative (Benghazi: What Did Baraq Know And When Did He Know It?)
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To: Windflier
Never fear, there is a very wealthy Mexican who is dickering for the entire Interstate Bakery. If he gets it one of two things will happen. He will reopen the plants in this country with Mexican labor, or he will move it to Mexico and have all Mexican Help. I don't think he will want to bake bread. any one with flour yeast salt, and oil and water can make bread. The valuable one are Twinki and the other speciality items.
8 posted on 11/20/2012 4:54:56 PM PST by BooBoo1000 ( Your life is like a coin, you can spend it on what ever you want, but you can only spend it once.)
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To: jimbo123

> and Obama Union Goons are claiming victory for sticking it
> to the man.

Yeah, they are sticking it to “the man” - you and me.

They get to collect 79 weeks of “unemployment” pay for doing nothing. After that, they get their section-8 stipend, EBT cards, and 0bamao phones.

Life is good.


9 posted on 11/20/2012 4:55:06 PM PST by Westbrook (Children do not divide your love, they multiply it.)
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To: jimbo123
MICHELLE OBAMA KILLED 'HOSTESS'

Let's lay blame where blame is due. Michelle killed Hostess long ago with her nanny state control over school lunch boxes and chidren's lemonade stands. It's all about obliterating those little things in life we enjoy.

The murder of Iconic American companies by the 0bama's, using UNIONS as their foot soldiers for CHANGE.

10 posted on 11/20/2012 4:56:52 PM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: BooBoo1000

Mexican baker is probably using hallowed out loves of bread to ship other goods as well.


11 posted on 11/20/2012 4:57:55 PM PST by Arthurio
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To: Westbrook

They better get freebies. Would any employer in their right mind ever hire someone with Hostess on their application or resume?


12 posted on 11/20/2012 4:59:14 PM PST by umgud (No Rats, No Rino's)
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To: Westbrook
They get to collect 79 weeks of “unemployment” pay for doing nothing. After that, they get their section-8 stipend, EBT cards, and 0bamao phones.

One thing I'll remember about the Obama years is feeling stupid for working and paying my bills. Thanks to the voters, I'll get another fours years of it.

13 posted on 11/20/2012 4:59:34 PM PST by TwelveOfTwenty (Ho, ho, hey, hey, I'm BUYcotting Chick-Fil-A)
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To: umgud

I surely would not. But hey, the union stuck to the man. Morons.


14 posted on 11/20/2012 5:00:40 PM PST by txnativegop (Fed up with zealots)
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To: jimbo123

Comrades! Comrades, we have glorious news for you ... “


15 posted on 11/20/2012 5:01:38 PM PST by tumblindice (America's founding fathers: All armed conservatives.)
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To: Westbrook

Here’s the good news:

If they were a member of the union that caused the strike, even if they voted against it, they do NOT get unemployment.


16 posted on 11/20/2012 5:01:57 PM PST by Marie ("The last time Democrats gloated this hard after a health care victory, they lost 60 House seats.")
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To: jimbo123

Good. I hope the corporate structure of Hostess is able to resume operations in less hostile climates. Few things are as loathesome as labor unions that think private business exists solely for their exploitation. spit


17 posted on 11/20/2012 5:02:12 PM PST by SpaceBar
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To: jimbo123
check out this factoid in the article:

Doug Mansky, a Hostess driver in Detroit and a member of the International Brotherhood of Teamsters, was in the process of moving to a cheaper condominium on Tuesday, after his union had agreed to an 8% pay cut that he said would shave $200 a week from his income.

If you do the math, the driver is making around $125,000 a year. wonder why they went broke? hm.....

18 posted on 11/20/2012 5:03:37 PM PST by beebuster2000
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To: jimbo123
Have to purchase to read the story?


19 posted on 11/20/2012 5:03:48 PM PST by COBOL2Java (The GOP-e said "Beat a Marxist with a Liberal!" What a colossal blunder.)
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To: SpaceBar

Hostess is going to liquidate. The brands will be sold off to other bakeries with non-union bakers and drivers.


20 posted on 11/20/2012 5:04:04 PM PST by jimbo123
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To: beebuster2000

The Teamsters had a racket going with Hostess and the bakers union screwed it up for them. I expect the Teamsters will put a contract out on the head of the bakers union.


21 posted on 11/20/2012 5:07:51 PM PST by jimbo123
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To: Marie

Exactly!!!


22 posted on 11/20/2012 5:08:05 PM PST by ridesthemiles
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To: BooBoo1000
Never fear, there is a very wealthy Mexican who is dickering for the entire Interstate Bakery. If he gets it one of two things will happen. He will reopen the plants in this country with Mexican labor, or he will move it to Mexico and have all Mexican Help.

I hear that the company leading the running is Bimbo, the Mexican equivalent of Hostess. I'd be willing to bet that they just buy the name and the recipe rights to the Hostess pastry line, then run the production out of Mexico. They aren't going to want to chance having to deal with the baker's unions, et al, in this country.

23 posted on 11/20/2012 5:10:27 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: jimbo123
The Communists/labor unions are making their move.

Ubama is going to give them card-check, and the NLRB is going to force all employers to turn over the names and addresses of all their employees to the unions.

With these two tools, they can forge the signatures of employees and unionize and company without the consent of the employer or employees.

And their fist target is going to be Walmart and the billions of dollars of union dues they will be able to extort.

The Black Friday Walmart walkouts are being orchestrated straight out of the White Hut. You can take that to the bank.

24 posted on 11/20/2012 5:11:47 PM PST by E. Pluribus Unum (Government is the religion of the psychopath.)
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To: jimbo123

as forest gump said, stupid is as stupid does...


25 posted on 11/20/2012 5:12:44 PM PST by rolling_stone
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To: Windflier

Bimbo already owns Sara Lee, Entenmann’s, Thomas’ and a number of other US brands.


26 posted on 11/20/2012 5:14:34 PM PST by Bubba Ho-Tep ("More weight!"--Giles Corey)
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To: beebuster2000

18,500 jobs lost and gone most likely to Mexico because of union greed
elections have consequences, sad but...

what really gets me steamed is Americans up in arms about not being able to buy little creamed filled cakes while they are silent about Americans murdered by terrorists in Libya. Libya? where is that give me my twinkie!

go to the store buy some flour, sugar, eggs and vanilla... maybe you’ll learn something. rant over


27 posted on 11/20/2012 5:14:53 PM PST by longfellowsmuse (last of the living nomads)
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To: beebuster2000

That’s serious money for driving a local truck.
And in some locations, they didn’t even have to load/unload, it was done by laborers.

That’s about what I made at an automotive supplier when I retired a few years ago, I supervised 17 people with engineering degrees.


28 posted on 11/20/2012 5:15:13 PM PST by nascarnation (Baraq's economic policy: trickle up poverty)
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To: Westbrook
They get to collect 79 weeks of “unemployment” pay for doing nothing. After that, they get their section-8 stipend, EBT cards, and 0bamao phones.

Life is good.

Think so? Think again.

You're probably an honest conservative who's never had to live on the gubmint tit. Let me tell you. A full helping of Uncle Sugar's hog slop won't pay for the current lifestyles of those who just lost their union jobs. Not even close.

Those union dopes are about to lose their homes, and all the toys they're making payments on. I know, because it happened to me when I was a teamster, long ago. Might take a little time, but it's all gonna go.

Goodbye lifestyles of the fat and comfortable. Welcome to welfare hell.

29 posted on 11/20/2012 5:18:52 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: jimbo123

Bimbo will buy the trademarks and recipes from Hostess and make Mexican Twinkies with real sugar.
******************************************

I would be surprised if they were able to buy much. They had so much trouble with the purchase of Sara Lee because the anti trust laws. However, that doesn’t mean they won’t at least try.


30 posted on 11/20/2012 5:23:03 PM PST by kara37
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To: jimbo123
I heard one of the union "demands" was that their drivers should ONLY carry one product on their delivery route. They wanted another driver to deliver a different product. They did NOT care if the deliveries went to the same area. Seems they were interested in more jobs than job savings. I am not sure which union this was.

Sounds like the real Ding Dongs were not the sweet products sold in stores.

31 posted on 11/20/2012 5:24:09 PM PST by I Drive Too Fast
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To: Bubba Ho-Tep
Bimbo already owns Sara Lee, Entenmann’s, Thomas’ and a number of other US brands.

Well I'll be.....I did not know that.

32 posted on 11/20/2012 5:31:56 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Bubba Ho-Tep
Bimbo already owns Sara Lee, Entenmann’s, Thomas’ and a number of other US brands.

So where do the unions stand with those companies?

33 posted on 11/20/2012 5:37:11 PM PST by NewHampshireDuo
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To: jimbo123
Los Tuinquesos
34 posted on 11/20/2012 5:37:29 PM PST by mikrofon (Treats BUMP)
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To: Windflier

This happened at one the plants at the company I work for. Take some concessions and stay open, refuse and be shut down. The unemployment bennies must be very good in Racine Wisc because they chose unemployment. Good riddance to every union job lost


35 posted on 11/20/2012 5:37:32 PM PST by Figment
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To: jimbo123

So it might be Bimbo Ho Hos, Ding Dongs and Twinkies? ;-)


36 posted on 11/20/2012 5:37:41 PM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: jimbo123

From Hostess to Bimbo, the story of America.


37 posted on 11/20/2012 5:38:17 PM PST by COUNTrecount (Clear eyes. Full hearts. Can't fail .But We Did.)
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To: jimbo123
Bimbo will buy the trademarks and recipes from Hostess and make Mexican Twinkies with real sugar.

They'll make them in the USA in right to work states with the same ingredients.

38 posted on 11/20/2012 5:39:46 PM PST by Figment
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To: BooBoo1000

The bread contracts are very valuable - includes Chick fil A sandwich buns.


39 posted on 11/20/2012 5:43:05 PM PST by C. Edmund Wright ("WTF?: How Karl Rove and the Establishment Lost....Again")
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To: TwelveOfTwenty

One thing I’ll remember about the Obama years is feeling stupid for working and paying my bills. Thanks to the voters, I’ll get another fours years of it.

Ain’t that the damned truth. Still doing better than the takers tough, don’t have to subsidize my freebies by selling dope, pimping or robbing


40 posted on 11/20/2012 5:44:37 PM PST by Figment
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To: Marie

If they were a member of the union that caused the strike, even if they voted against it, they do NOT get unemployment.

I really, really hope that is the case. Poetic justice at its best


41 posted on 11/20/2012 5:46:40 PM PST by Figment
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To: Windflier
I hear that the company leading the running is Bimbo, the Mexican equivalent of Hostess. I'd be willing to bet that they just buy the name and the recipe rights to the Hostess pastry line, then run the production out of Mexico. They aren't going to want to chance having to deal with the baker's unions, et al, in this country.
*************************************************

They will not be produced in Mexico even if they buy them. They have 49 bakeries in this county. They are the largest US bakery.
Believe it or not, they already deal with the bakers union. They do have a few areas in the county that are controlled by the bakers union. I know the Entenmanns routes in south Florida are union, as are most of the routes in New York.

I own a Bimbo bread route. We work out of the same Depot as the Entenmanns unionized route people. We also have a Thomas English muffin bakery on site. I will say that that most of the people that work there are pretty decent. The route people are mostly a bunch of older man.

The bakery people are mostly black. It is a brutal job in the bakery. Especially in south Florida. There is no AC in the bakery and with the ovens going, it is really almost intolerable. I can't take walking though the bakery for more than a minute. Luckily, I rarely have to go in there, and I avoid it like the plague.

42 posted on 11/20/2012 5:50:13 PM PST by kara37
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To: Windflier

I’d be willing to bet that they just buy the name and the recipe rights to the Hostess pastry line, then run the production out of Mexico. They aren’t going to want to chance having to deal with the baker’s unions, et al, in this country.

Don’t have to deal with unions. Use existing facilities in right to work states. Run the place with temps if you wish. Unions are screwing things up worse than illegals


43 posted on 11/20/2012 5:51:46 PM PST by Figment
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To: Windflier

Bimbo already owns bakeries in the US. They’ll turn out former Hostess products close to their market.


44 posted on 11/20/2012 5:53:05 PM PST by Eric in the Ozarks (In the game of life, there are no betting limits)
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To: jimbo123

that was my take on it.
wasnt really about hostess, it was a turf war between the teamsters and the milners union.


45 posted on 11/20/2012 5:55:14 PM PST by beebuster2000
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To: familyop

So it might be Bimbo Ho Hos, Ding Dongs and Twinkies? ;-)

Sounds like an escort service lol


46 posted on 11/20/2012 5:57:55 PM PST by Figment
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To: Windflier

Glad you’re on our team now. :)


47 posted on 11/20/2012 5:59:19 PM PST by JCBreckenridge (They may take our lives... but they'll never take our FREEDOM!)
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To: beebuster2000

ok. a milner is someone who makes hats.
a miller is someone who makes flour or bread.


48 posted on 11/20/2012 5:59:46 PM PST by beebuster2000
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To: jimbo123

18,500 Americans lose their jobs just before Christmas and the knuckledragging union goons declare victory! LOL! Commies are proof that you can’t fix stupid.


49 posted on 11/20/2012 6:02:58 PM PST by FlingWingFlyer (Amnesty - Obama's bailout of Mexico. Barry sticks it to America again!)
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To: NewHampshireDuo
So where do the unions stand with those companies?

Don't know the details, but I believe they are union shops.

50 posted on 11/20/2012 6:06:08 PM PST by Bubba Ho-Tep ("More weight!"--Giles Corey)
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