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Mediation between Hostess and bakery union fails
AP ^ | 11/20/12

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.

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


TOPICS: Breaking News; News/Current Events
KEYWORDS: hostess; letthemeatcake
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1 posted on 11/20/2012 7:01:40 PM PST by Jean S
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To: Jean S

SEARCH WORKS NOW

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.


2 posted on 11/20/2012 7:04:00 PM PST by steve86 (Acerbic by Nature, not Nurture™)
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To: Jean S

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.


3 posted on 11/20/2012 7:07:05 PM PST by Ciexyz
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To: steve86

Yes, search does work now. I posted this because you need a subscription to the WSJ to read the other article.


4 posted on 11/20/2012 7:08:20 PM PST by Jean S
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To: Jean S

18,500 American jobs headed to Mexico. Another big “win,win” for the union Neanderthals.


5 posted on 11/20/2012 7:08:40 PM PST by FlingWingFlyer (Amnesty - Obama's bailout of Mexico. Barry sticks it to America again!)
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To: Jean S

Union busters at work - ‘tis a beautiful thing.


6 posted on 11/20/2012 7:09:03 PM PST by GladesGuru (In a society predicated upon freedom, it is necessary to examine principles."...the public interest)
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To: Ciexyz

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!


7 posted on 11/20/2012 7:13:20 PM PST by Maudeen (Proverbs 3:5-6)
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To: Jean S

is the union retarded or what?


8 posted on 11/20/2012 7:14:37 PM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Jean S
Was the union negotiating in good faith? When does a national strategy of showing the union is unafraid to shut down a business become a breach of fiduciary responsibility to the locals involved?

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?

9 posted on 11/20/2012 7:19:22 PM PST by NonValueAdded ("Our president ... makes big speeches packed full of little ideas" Charles C. W. Cooke)
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To: GladesGuru

Union busters? The company lost over a $1 billion over the last decade. Just who busted whom?


10 posted on 11/20/2012 7:19:57 PM PST by fhayek
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To: Jean S

Meditation? I just don’t think sitting there cross-legged and humming is going to bring those people to an agreement.


11 posted on 11/20/2012 7:27:02 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: Ciexyz

Sugar is also one-fourth the cost in Mexico and Canada as it is in the US.


12 posted on 11/20/2012 7:27:53 PM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
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To: Drango

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.


13 posted on 11/20/2012 7:29:05 PM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
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To: Jean S
The Hostess CEO was interviewed last week and said it was over.

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.

14 posted on 11/20/2012 7:31:12 PM PST by Baynative
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To: Jean S

Did they really expect the unions to give an inch?


15 posted on 11/20/2012 7:42:15 PM PST by GeronL (http://asspos.blogspot.com)
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To: Drango

Yes.


16 posted on 11/20/2012 7:42:21 PM PST by Deagle (quo)
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To: GeronL

No.


17 posted on 11/20/2012 7:43:32 PM PST by Deagle (quo)
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To: Jean S

Let them eat food stamps and unemployment checks... hell, they’ll be doing better than most of us...


18 posted on 11/20/2012 7:43:32 PM PST by dps.inspect (rage against the Obama machine...)
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To: Maudeen

Ding Dong smuggling will become huge!


19 posted on 11/20/2012 7:43:56 PM PST by GeronL (http://asspos.blogspot.com)
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To: GeronL
Ding Dong smuggling will become huge!

The drug cartels will have to include them in the marijuana shipments.

(munchies doncha know)

20 posted on 11/20/2012 7:46:14 PM PST by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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