Twinkie maker Hostess Brands in bankruptcy filing

Discussion in 'Current Events' started by texan, Jan 11, 2012.

  1. texan

    texan Well-Known Member

    NEW YORK (CNNMoney) -- Enjoy your Twinkies while you can, because Hostess Brands, the storied
    American manufacturer of Ho Hos and Ding Dongs cake snacks, filed for Chapter 11 bankruptcy on Wednesday.
    The company, based in Irving, Texas, filed for Chapter 11 protection in U.S. Bankruptcy Court in New York.

    The company has about 19,000 full-time and part-time employees, including 10,413 hourly workers
    and 8,436 salaried workers, according to a court filing. About 83% of the employees are union members.

    Hostess Brands files for Chapter 11 bankruptcy - Jan. 11, 2012
     
  2. menotyou

    menotyou bella amicizia

    Their filing has nothing to do with the union, a. Santa.
     
  3. moreluck

    moreluck golden ticket member

    My brother-in-law, formerly known to us as the "Twinkie Man", was let go 2 years ago when they were in trouble before. He was 3 years away from retirement. Such timing was horrible. Thank goodness his wife worked and carried them through.
     
  4. Baba gounj

    Baba gounj pensioner