Posted on 04/26/2013 10:23:59 PM PDT by grundle
The company that bought the Twinkie, HoHo and Ding Dong brands out of bankruptcy is gearing up to reopen plants and hire workers, but it won't be using union labor.
Hostess Brands new incarnation of the baking company that liquidated in Chapter 11—is reopening four bakeries in the next eight to 10 weeks, aiming to get Twinkie-deprived consumers the classic snack cake starting in July.
Chief Executive C. Dean Metropoulos said the company will pump $60 million in capital investments into the plants between now and September and aims to hire at least 1,500 workers. But they won't be represented by unions, including the one whose nationwide strike sparked the 86-year-old company's decision to shut down in November.
"We do not expect to be involved in the union going forward," Mr. Metropoulos said in an interview Wednesday.
Hostess Brands Inc., the company that filed for bankruptcy protection in January 2012 and eventually sold off its brands and plants to several buyers, was once powered by 19,000 workers, 15,000 of whom were represented by unions. The company's largest union, the Teamsters, had agreed to a new labor contract following a contentious bankruptcy trial. But the second-largest union, the Bakery, Confectionery, Tobacco Workers & Grain Millers International Union, launched a work stoppage after the company imposed new labor terms on the union's members. Hostess said the strike crippled its operations, forcing it to shut down.
(Excerpt) Read more at online.wsj.com ...
Jeez, I should have started my own export business. They’re in every supermarket here.
The cupcakes are a staple in my home.
Stop! I am going to seriously have a melt down for a cupcake. LOL
Well, I try to eat healthy, but I make an exception for those cupcakes. LOL
Cool! Screw those unions.
Given that I’m an old fart (aroma challenged due to aging), I tried a few twinkies a few years ago and found them lacking compared to my memories of eating same ~40 years B4.
Just proves that Twinkies survive EVERYTHING!
How will unions discipline their own when a member is caught with contraband cupcakes? Detox?
And the Union members will join Obama’s unemployment army.
Won’t hire Union but will hire Hispanic Slaves....no Citizen slaves need apply!
I quit eating Twinkies years ago, but I did manage to secure 6 individual wrapped ones before the shutdown as a hedge against inflation. My wife threw them away yesterday.
...and watch Eric Holder run interference for the union.
The Metropoulos family has turned many companies around.
They have become billionaires as a result of their hard work.
They will have great success with Hostess.
Good point, the union will not just throw in the towel. They will work diligently (with federal support) to unionize again through hook or crook. Hopefully Hostess will be very selective in whom they rehire.
Forget the twinkies, I want the hostess chocolate cupcakes, with the creme filling inside. LOL.
I have to agree though I’ve been trying to stay away from ‘em for awhile...
Bring back the Chocodile!
You are completely correct. This will not go well for the new owners. O-Hole and chicago gang will see to that.
I think I will buy them by the case and give them out to unemployed unionistas...yes, I will give them a twinkie each and let them chew on it for a while.
I’m glad I saved my Twinkies cookbook with wonderful recipes for goodies made with Twinkies. Yum, yum, yum....
Just don’t let Obama come use your plants and jobs as a crutch to use to show how “the economy is good and getting better”. You’ll be out of business in a year. He is the anti-Midas...everything he touches turns to Obama.
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