Twinkie Factories Closed by Hostess

Hostess products are shown on Nov. 15, 2012, in Chicago. Hostess has warned striking workers with the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union that it will move to liquidate the company if plant operations don't return to normal levels by this afternoon. (Scott Olson/Getty Images)







A Hostess Twinkies sign is shown at the Utah Hostess plant in Ogden on Nov. 15, 2012. Hostess, the maker of Twinkies, Ding Dongs and Wonder Bread, announced today that it is winding down operations and has filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets, including its iconic brands and facilities. (Rick Bowmer/AP file)

Hostess Brands says it's going out of business after striking workers across the country crippled its ability to make its Twinkies, Ding Dongs, Wonder Bread and other snacks.

The company had warned employees that it would file a motion with U.S. Bankruptcy Court Friday seeking permission to shutter its operations and sell assets if plants didn't resume normal operations by a Thursday evening deadline.

The closing would mean the loss of about 18,500 jobs....

Hostess, founded in 1930, was fighting battles beyond labor costs. Competition is increasing in the snack space and Americans are increasingly conscious about healthy eating. 

Hostess also makes Dolly Madison, Drake's and Nature's Pride snacks.

Hostess had said that production at about a dozen of its plants were seriously affected by the strike. Three plants were closed earlier this week.

 
 


Twinkie - Wikipedia, the free encyclopedia

 Link to Silicon Valley.com/ Mercury News:
 http://www.siliconvalley.com/latest-headlines/ci_22010018/hostess-close-cites-nationwide-worker-strike

Oakland: 145 workers affected by Hostess nationwide plant closures - SiliconValley.com