RIP, Twinkies

Posted by on Nov 16, 2012 at 7:40 am
twinkies

Just watch, this story will get more airtime today that the David Petraeus testimony before Congress. I hope the unions are proud they’ve now lost 18,000 jobs. Heckuva job, guys.

Hostess, the maker of Twinkies, Ding Dongs and Wonder Bread, is going out of business, the Associated Press reported.

Hostess made the decision on Friday morning after failing to reach an agreement with striking workers.

Hostess bakeries in Illinois are located in Schiller Park, Hodgkins in the Chicago area and Peoria downstate, and the flagship Hostess product, the Twinkie, was invented by Schiller Park bakery manager James Dewar in 1930 under a precursor company, Continental Baking Co. Twinkies were originally banana-flavored until banana rationing during World War II prompted the company to switch to vanilla cream.

Hostess, based in Irving, Texas, has already reached a contract agreement with its largest union, the International Brotherhood of Teamsters. But thousands of members in its second biggest union went on strike late last week after rejecting a contract offer that cut wages and benefits in September. Officials for the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union say the company stopped contributing to workers’ pensions last year.

They don’t quite understand the economic reality these days, do they? But hey, at least this is a victory for the Food Nazis who always said this stuff was bad for you, so at least they have something to celebrate.

 

Tags: , ,

24 Responses to “RIP, Twinkies”

  1. MWTexas on 16/16/12 at 9:29 am

    I guess those 18,000 Obama-voting, dues-paying, union members sure got their money’s worth of representation from the union. How much you want to bet the union leaders still have a pension and income. Votes have consequences – who’d a thunk?

  2. Steve S. on 16/16/12 at 9:31 am

    The BCTWGM saw that there was still money in the bank so how could there be a problem? After all, cash flow and profitability are two different things, aren’t they?

    The Teamsters must be livid. They (and others) were going to get a 25% stake in the company in exchange for their wage concessions. But the strike kept that from happening, so now they are not even going to get a piece of the bankruptcy.

    Way to go, bakers: you really showed ‘em, didn’t you?

  3. Capt. Snarkwell the The Thirteenth on 16/16/12 at 9:53 am

    So….how long do Twinkies stay good in the freezer? I got two boxes here, just saying…
    Way to go, union dorks, you ruined another good thing. I hope your families starve….oh, wait, you’ll be on food stamps that I pay for. Did I mention that I really hate you bastards?

  4. Rich K on 16/16/12 at 10:02 am

    BTW, “Little Debbie” is there for you junk food junkies ( and cheaper too) so hush up and go gorge.

  5. Alex on 16/16/12 at 10:05 am

    Twinkies will be back sooner than you know it.

    A few years ago, Mother’s Cookies in the Bay Area went out of business. Everyone who grew up eating Circus Animal cookies (these pink and white frosted things that were sort of disgusting but strangely appealing) mourned their passing, but the brand was bought by Kellogg’s and their cookies returned to store shelves within a couple years.

    Hostess is too strong a brand not to survive in the same way. The new owners will get less generous union contracts or hire non-union labor altogether. The Teamsters’ inflexibility will kick them right in the ass.

  6. Tocquevillian on 16/16/12 at 10:05 am

    And all this talk about purusts in the Republican party. I’d say a group that tanks their own livelihood is pretty damn purist. Now they join the 99ers. Congrats. #letitburn

  7. David Gillies on 16/16/12 at 10:16 am

    I think it’s a mistake to get in the way of things like this. I actively want people punished for reelecting Obama. Almost all failures in the modern world can be explained as a refusal to believe that actions have consequences. When the Gods of the Copybook Headings return to wreak their revenge on the parasites, I will be there with a healthy dose of “I told you so”. Maybe I’ll go down in the ensuing melee, but the sort of people who are rejoicing that their Messiah has been re-anointed hate people like me anyway, so at least I’ll get to see their way of life destroyed too.

  8. Mephitis on 16/16/12 at 10:24 am

    Easy solution.

    They rise like a Phoenix and locate all production in Texas or other Right to Work states. Problem solved. Unions get a sharp stick in the eye.

    They can even buy all of the heavy production and packaging equipment from their own liquidation sale so that they have very low overhead and depreciation costs. Those lines can’t be cheap.

  9. rich b on 16/16/12 at 11:26 am

    Poster Axex said the brand will be back. He’s right. But my guess is the “new” hostess brand will be manufactured in Mexico or somewhere outside of the US. I guess it depends on the shelf life of the product as to where the new brand will be manufactured. And, it won’t be by a union work force.

    Here’s hoping wherever they’re going to be made they have some health and safety laws akin to the ones here. We’ve already seen the toxic shit the Chinese add to pet food, baby formula, and toys. Once again – a hale and hearty fuck you to the union who won this Pyrrhic victory. Hope it was worth it.

  10. 32 oz. soda in the glorious collective utopian paradise on 16/16/12 at 11:40 am

    Those Twinkies are bad and you shouldn’t eat them for the good of the glorious collective comrade. The calorie police will be by to make sure your bean sprouts and kurds are in approval by Comradette Moochelle.

  11. STW on 16/16/12 at 11:59 am

    The bakers union head here said that he wanted the company to have to close and liquidate. It’s pretty hard to bargain with people whose goal is to shut you down. Under this scenario the union won.
    Of course the rest of his “plan” requires a buyer to purchase the plant and then be dumb enough to hire back the people that forced Hostess to close it.
    I can’t wait to see how that works out.

  12. I R A Darth Aggie on 16/16/12 at 12:31 pm

    I’m sure the unions are busy putting up their own money to buy the assets. Of course, they’ll be auctioned off to the highest bidder by the court’s trustee.

    Oh, wait, they’re not interested in putting up their own money?

  13. Bill H on 16/16/12 at 12:53 pm

    >>Hostess is too strong a brand not to survive in the same way. The new owners will get less generous union contracts or hire non-union labor altogether. The Teamsters’ inflexibility will kick them right in the ass.<<

    It wasn't the Teamsters, Alex. It was the Baker's union. The Teamsters tried to get them to step back from that cliff.

    I'm betting they're a bit upset right now- there was money to be made with a large stake in the company and the Bakers blowed that one up real good.

  14. Alex on 16/16/12 at 1:24 pm

    >>It wasn’t the Teamsters, Alex. It was the Baker’s union.<<

    I stand corrected. I'd read elsewhere that it was the Teamsters, but I guess that account was inaccurate.

  15. Charlie on 16/16/12 at 2:52 pm

    Simply put? A bunch of friggin’ yankees. Hostess….reorganize and move to Georgia. You won’t have to put up with the yankees as bad.

  16. pat on 16/16/12 at 6:00 pm

    Trumka says it is BainCapital/Romney’s fault. Expect media to come to same conclusion.

  17. Beverly on 17/17/12 at 12:28 am

    Rush noted Politico’s story that the Hussein White House is starting a petition to nationalize Hostess Brands Co.

    http://www.rushlimbaugh.com/daily/2012/11/16/ding_dong_18_500_hostess_jobs_dead

    Isn’t that perfect? The union puts the knife into the victim company and twists it; Obama & his minions put up a fake website to make it look like “Thuh Peepul” are demanding that he nationalize the company, then he can sweep in and “save” the operation, hand it to the union bosses, and sit back and accept the praise and adulation of the lackey press.

    Lather, rinse, and repeat. Expect to see a LOT more of this bull in the months and years to come.

    We are officially a Banana Republic, folks.

  18. Prepping on 18/18/12 at 8:41 am

    The police departments around the country better call in all the off duty dispatchers and officers because there will be a huge increase in 911 calls from Obama’s supporters. “Hello 911, there are no twinkles or ding-dongs on the shelves, I demand my right to twinkies!”