Twinkies (Hostess Twinkies is a trademark of Interstate Bakeries Corporation). (Photo credit: Wikipedia)
Hostess, the makers of Twinkies, Ding Dongs and Wonder Bread, is going out of business after striking workers failed to heed a Thursday deadline to return to work, the company said.
“We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” Hostess CEO Gregory F. Rayburn said in announcing that the firm had filed a motion with the U.S. Bankruptcy Court to shutter its business. “Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders.”
Hostess Brands Inc. had warned employees that it would file to unwind its business and sell off assets if plant operations didn’t return to normal levels by 5 p.m. Thursday. In announcing its decision, Hostess said its wind down would mean the closure of 33 bakeries, 565 distribution centers, approximately 5,500 delivery routes and 570 bakery outlet stores in the United States. Source and read more >>>>
You know it is bad in the world when the Twinkie goes down for the count…
I watched once as I rolled a big snowball off a huge hill, as a little kid. It rolled and rolled and as it rolled, it got bigger and bigger. Then before I knew it, it got so big that it tore the barbwire fence up that it hit at the bottom of the huge hill. I mean it got really big and my bottom got really sore for doing what I did and I never did it again…
But what I am trying to say by my babbling is that, things start small and can become real big as they get out of control faster than we can stop it. As a little kid, I could start the issue, but stopping it was beyond my abilities…
One day just like Twinkies going down, the crash will happen because we can’t stop it from happening. Just like a little boy started a snowball rolling down the hill and enjoyed it all until the fence said stop and the fence broke…
What has happened to the Twinkie is a sign of our sick economy and country and you should be looking around, because you might just see more happenings rolling down big long hills…
Kyle Keeton
Windows to Russia…
Related articles
- Is it the end of Twinkies? (wcpo.com)
- Union strike kills Twinkies baker Hostess (wnd.com)
- Tastes change from Twinkies to tofu, hurting Hostess (voices.kansascity.com)
- Twinkies maker Hostess Brands going out of business following strike (abclocal.go.com)
- Hostess Brands To Shut Down (outsidethebeltway.com)