Jeramie Posted November 16, 2012 Report Share Posted November 16, 2012 Well, the unions won. Hostess is gone as of today. If you love Hostess brand snacks or wonderbread you better get out there and buy them up because as of this morning the unions have won and Hostess closed their doors.. I just ran to Walmart and bought the family favorites. We typically dont eat that much junk like this but being that it will no longer be around what the hay... Sad day for an Amercian Icon. They filed for chapter 11 the first of this year but it wasnt enough to keep the greedy unions off of their tail. Quote Link to comment Share on other sites More sharing options...
redkneck Posted November 16, 2012 Report Share Posted November 16, 2012 Man that's awful, I don't eat much of that stuff either, but when I want my fix I want it! Hate to see anyone close their doors in this economy, folks need to be grateful they have a job. Quote Link to comment Share on other sites More sharing options...
wtnhunt Posted November 16, 2012 Report Share Posted November 16, 2012 Shame to see it, knew it was coming for a while, had heard it was going to happen earlier on in the year. Wonder if this means little debbie stocks will go or already are going up? Quote Link to comment Share on other sites More sharing options...
Jeramie Posted November 16, 2012 Author Report Share Posted November 16, 2012 I'm sure Little Debbie will have a very good year next year. Hostess is liquidating. Quote Link to comment Share on other sites More sharing options...
Dawg Posted November 16, 2012 Report Share Posted November 16, 2012 Soon to be......Twinkies: Hecho En Mexico I've got a feeling another entity (like Bimbo Bakery) might capitalize on this and pick up some of the assets. Or at least I hope one will. The state fair won't be the same without fried twinkies!!! Quote Link to comment Share on other sites More sharing options...
too_pointer Posted November 16, 2012 Report Share Posted November 16, 2012 DARN, that might of ruined my day LOL. Not much into sweets, but love the bread. Thanks for the update. too_ Quote Link to comment Share on other sites More sharing options...
bowhunter97 Posted November 16, 2012 Report Share Posted November 16, 2012 Aww man i love hostess. Quote Link to comment Share on other sites More sharing options...
Ravin R10 man Posted November 16, 2012 Report Share Posted November 16, 2012 Never really ate them anyways..but 18,500 workers lossed jobs... thats not good Quote Link to comment Share on other sites More sharing options...
stevebeilgard Posted November 17, 2012 Report Share Posted November 17, 2012 someone will pick them up, and move them to a non union state. or, i'm also thinking obama will "nationalize" them to keep 18000 union voters happy. we'll see. Quote Link to comment Share on other sites More sharing options...
LETMGROW Posted November 17, 2012 Report Share Posted November 17, 2012 someone will pick them up, and move them to a non union state. or, i'm also thinking obama will "nationalize" them to keep 18000 union voters happy. we'll see. Good thinking Steve, except! Not until they get 350 weeks of unemployment benefits, unless they extend them some more, free cell phones and a host of other entitlements. I'm sure Obama considers Hostess a small business like he characterized GE, Pepsico and some others. When will another round of so-called-bailouts begin? Lynn Quote Link to comment Share on other sites More sharing options...
arrow32 Posted November 18, 2012 Report Share Posted November 18, 2012 Goobye to Hostess (Wonder Bread, Twinkie, etc). I sure love that stuff to. Hate to see it but I figure your right steve Quote Link to comment Share on other sites More sharing options...
cowboy778 Posted November 19, 2012 Report Share Posted November 19, 2012 they are going to Mexico... Quote Link to comment Share on other sites More sharing options...
dbHunterNY Posted November 19, 2012 Report Share Posted November 19, 2012 no no what they meant is.... all Mexican illegal aliens have to show up for work their with their US government issued driver licenses. :bang: i'm with john in that i don't eat that stuff often but once in a great great while you really want a fix and only a twinkie or devils food cupcake will do. Quote Link to comment Share on other sites More sharing options...
Dawg Posted November 19, 2012 Report Share Posted November 19, 2012 Just read that they have something in the works that could possibly stave off liquidation.........one can only hope! Quote Link to comment Share on other sites More sharing options...
LETMGROW Posted November 19, 2012 Report Share Posted November 19, 2012 Just read that they have something in the works that could possibly stave off liquidation.........one can only hope! That is all we can do right now. It will take a LARGE corporation to pick up the Hostess product line and run with it. Twinkees, Hostess cupcakes, Ho-Ho's have been around a long time. They have been a lunch box staple for many years. I remember when the ad slogan for Wonder bread was "Helps build strong bodies 8 ways" This was later changed to 12 ways. I always wondered what was different. Lynn Quote Link to comment Share on other sites More sharing options...
Dawg Posted November 19, 2012 Report Share Posted November 19, 2012 Just read that they have something in the works that could possibly stave off liquidation.........one can only hope! Quote Link to comment Share on other sites More sharing options...
The_Kat Posted November 21, 2012 Report Share Posted November 21, 2012 before judgement is passed on the "greedy" unions.....you should look at the union contract they were fighting over. They made a 4 billion dollar PROFIT last year. PROFIT!!!!! They had room to negotiate. Quote Link to comment Share on other sites More sharing options...
The_Kat Posted November 21, 2012 Report Share Posted November 21, 2012 My prediction is they made this national news play and filed just to posture against the union. I bet you an agreement is reached and things go back to normal in another week or so. Quote Link to comment Share on other sites More sharing options...
Dawg Posted November 21, 2012 Report Share Posted November 21, 2012 before judgement is passed on the "greedy" unions.....you should look at the union contract they were fighting over. They made a 4 billion dollar PROFIT last year. PROFIT!!!!! They had room to negotiate. Where did you get that info from? From what I have read it was a $2.5 billion profit but they ended the year with $341 million loss trying to pay their debts. Greedy unions, mismanagement and poor upkeep of the facilities by the corpos,......doesn't matter to me, I just want the twinkies to live on man!!!!!! Quote Link to comment Share on other sites More sharing options...
stevebeilgard Posted November 21, 2012 Report Share Posted November 21, 2012 i'm not going to even check your numbers, kyle. i do know that to file bankruptcy in the first place, you MUST show the judge the inability to pay those debts or the bankruptcy will be thrown out. so, i'm GUESSING they had 4 billion in sales yet lost money, which is quite normal in todays economy. Quote Link to comment Share on other sites More sharing options...
The_Kat Posted November 25, 2012 Report Share Posted November 25, 2012 honestly fellas I can't remember where I read that.....either yahoo or msnbc. I'm pretty sure I read profits....but I have been wrong before. Regardless.....I want to the contract n negotiations before I pass judgement on the unions. A lot of ppl blame unions and assume it's always them due to the united autoworkers union that WAS greedy. Not all union is the same. Quote Link to comment Share on other sites More sharing options...
Jeramie Posted November 26, 2012 Author Report Share Posted November 26, 2012 You read the good part of the number Kyle. They had a bit on the national news about it the other night. What the unions were fighting about is that they were asked (and it was given a green light by a judge) to take an 8% pay decrease. Next year they would get 4% of that back meaning they would take a hard cut of just over 4%. Assembly workers were making around $20 and hour and bakers were making more than twice that. They refused to let their pay be cut through the Union.... that ended Hostess. I took a 10% pay cut the first half of 2011. My entire company did. We did get it back 6-months later as promised. It was hard but certainly paid better than the unemployment line. Our company asked us to do this or we would have to have layoffs. It worked and we are back now, stronger and hiring new people. Keep in mind it did have a lot to do with corporate greed and the bottom line but in the end I still have a good job. Quote Link to comment Share on other sites More sharing options...
The_Kat Posted November 28, 2012 Report Share Posted November 28, 2012 There has to be more to it than losing 1.60 an hour. I wish I had a copy of the contract negotiation. Our contract simply extended this year for the next 3. No wage increases whatsoever. Quote Link to comment Share on other sites More sharing options...
Jeramie Posted November 29, 2012 Author Report Share Posted November 29, 2012 There has to be more to it than losing 1.60 an hour. I wish I had a copy of the contract negotiation. Our contract simply extended this year for the next 3. No wage increases whatsoever. Possibly but maybe not. My wife works for the USPS and its amazing what the unions try to do. Early this year the unions pushed to lay off all of the people who cleaned the post offices and give the hours to the clerks. Keep in mind the part time help that cleaned, mowed, etc. are making literally half of what the clerks are. The day before the actual layoff someone up the ladder looked at it and decided it was a dumb idea. However, the unions were still singing praise of the decision. A LOT of times money is the main thing. A union is just like our government, they have to be funded. Quote Link to comment Share on other sites More sharing options...
Uncle Bucky Posted December 2, 2012 Report Share Posted December 2, 2012 I wonder why are awesome leader didn't step in like GM ? (cough..sigh..cough..) Cut your nose off to spite your face union.... they did that here at International Harvester also, guys were making 15 bucks an a hour when most in our town were making less then 5 bucks an hour. one guy told me, " I don't care if they close IH, I can get a job paying that much anywhere long as I stay with the Union" . He took a job pumping gas at 2.85 an hour... yep... stupidity Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.