Skip to comments.Mediation between Hostess and bakery union fails
Posted on 11/20/2012 7:01:36 PM PST by Jean S
Hostess Brands Inc. lived to die another day.
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can shutter its operations.
The renewed talks between Hostess and The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union came after the company declared last week that it would move to wind down its business and start selling off its assets in bankruptcy court. The company cited a crippling strike that was started on Nov. 9 by the union, which represents 30 percent of Hostess workers.
After making its case to liquidate on Monday, the bankruptcy judge hearing the case noted that the two sides hadn't yet tried resolving their differences through private mediation. The judge noted that 18,000 jobs were on the line and urged the company and union to try to resolve their differences. Both sides agreed to hold mediation proceedings on Tuesday.
In a statement late Tuesday, Hostess said it would not comment on the breakdown in talks other than to say that mediation "was unsuccessful."
Hostess shut down its three dozen plants late last week after it said the strike by the bakers union hurt its ability to maintain normal production. The bakers union says the company's demise was the result of years of mismanagement, however, and that workers have already given steep concessions over the years.
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Hostess Plans to Liquidate After Mediation Fails
11/20/2012 4:46:44 PM PST · by jimbo123 · 70 replies
Wall Street Journal ^ | 11/20/12 | JULIE JARGON And RACHEL FEINTZEIG
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.
Who do the bakers think they are, a bunch of public school teachers - the Mexicans can bake these cupcakes and ship them over the border.
Yes, search does work now. I posted this because you need a subscription to the WSJ to read the other article.
18,500 American jobs headed to Mexico. Another big “win,win” for the union Neanderthals.
Union busters at work - ‘tis a beautiful thing.
I have to confess I’m a ding dong for Ding Dongs. . . was a little depressed after eating what I thought was my last one. . .when lo and behold I found a box in the freezer. To ween off my habit I plan to eat one once a month beginning January. . .maybe by next December the Mexicans will be up and running Ding Dongs across the border!
is the union retarded or what?
In all but four states, strikers are ineligible for unemployment compensation. Does the liquidation of the business "end" the strike or lock it in for perpetuity? If the former, was that the quid pro quo offered to the locals, that they'd have a few years of bennies from Obama while the national played out its strategy?
Union busters? The company lost over a $1 billion over the last decade. Just who busted whom?
Meditation? I just don’t think sitting there cross-legged and humming is going to bring those people to an agreement.
Sugar is also one-fourth the cost in Mexico and Canada as it is in the US.
The workers probably aren’t even aware that their union bosses are operatives of 0bama, seeking to destroy iconic American companies and any other private sector business. Cloward & Piven requires it. 0bama’s mantra is ‘every job is a government job’. When the president meet with moveon.org within days after his re-election, bad things are planned. We’ve got walk-outs at LAX planned, Walmart, and numerous ‘black Friday’ walk-outs. You can bet 0bamugabe is behind this SH!T. He talked about taxes with Richard Trumka?? HAHAAHAAAAAA HAAAAHAAAAHAAAAAAAAAAA yeah right.
This is the failing of both the media and their liberal aspirations. They think "over" only means over for the people that run the business and that now they can take over and make rainbows, chewy bears and unicorns fall from the sky.
Did they really expect the unions to give an inch?
Let them eat food stamps and unemployment checks... hell, they’ll be doing better than most of us...
Ding Dong smuggling will become huge!
The drug cartels will have to include them in the marijuana shipments.
(munchies doncha know)