Friday, November 16, 2012

How unions kill jobs

302745_10151109339876174_742035320_n[1]

The company had warned it would file a motion in U.S. Bankruptcy Court to shut operations if enough workers didn't end their weeklong strike by 5 p.m. ET Thursday.

Twinkies were my husband’s favorite snack before he started watching for sugar on the label.  I probably haven’t bought anything Hostess in years, but the company provided a good living for many people.

Wikipedia:  Hostess Brands, Inc. was founded as Interstate Bakeries Corporation (IBC) in 1930 and was the largest wholesale baker and distributor of bakery products in the United States.  It is the owner of the Hostess, Wonder Bread, Nature's Pride, Dolly Madison, Butternut Breads, and Drake's brands. For many years it was based at 12 East Armour Boulevard, Kansas City, Missouri. In 2009, after it emerged from a 2004 bankruptcy, the name was changed to Hostess Brands, Inc., and the headquarters moved to Irving, Texas.[2] Hostess Brands, Inc., declared Chapter 11 again in 2012.[3] 

In May 2009, Wonder Bread closed in Columbus, Ohio. The plant was almost 100 years old, and according to the local news was too expensive to retrofit for “natural” products demanded by the consumer.

http://www.dispatch.com/content/stories/business/2009/03/11/wonder_bread_close.ART_ART_03-11-09_C8_QHD6BNI.html

Let’s hope Rayburn, the CEO, doesn’t ever run for president because he’ll be blamed for taking our Twinkies.

              188485_10151130438633045_444628477_n[1]

No comments: