Is this the end of Twinkies?

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Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
I've read that somehow the Canadian producer of Twinkies has managed to stay profitable despite being a union shop and having universal health care.
You could probably order a years worth, and they will keep ok

Yes, a huge corporation (Saputo) owns right to the Hostess line in Canada. I'm sure the Hostess products are made in the their bakeries along with the other brand name products.

http://www.saputo.com/consumers/products/detail.aspx?id=340&langtype=4105
 
Oct 30, 2004
11,442
32
91
5$ an hour beats the hell out of their current 0$ an hour.

If $5/hour is the best working people can hope for, then their time would be better spent launching a revolution to exterminate the top 5% that's taking the bulk of their contribution to the process of wealth production. Don't get mad, build guillotines.
 

Orignal Earl

Diamond Member
Oct 27, 2005
8,059
55
86
Yes, a huge corporation (Saputo) owns right to the Hostess line in Canada. I'm sure the Hostess products are made in the their bakeries along with the other brand name products.

http://www.saputo.com/consumers/products/detail.aspx?id=340&langtype=4105

You can order them here.

http://www.canadianfavourites.com/Vachon_Pastries_s/75.htm

Hostess Twinkies. Brings back childhood memories. 8 golden cakes filled with creamy filling, individually wrapped.
Still proudly baked by Saputo, Montreal, Quebec.
 
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MovingTarget

Diamond Member
Jun 22, 2003
9,001
113
106
The universal health care and (I assume) public pensions are probably helping in that situation, as the taxpayers are footing the bill rather than the company.

Yeah, this is why I always as flabbergasted by those on the right that say universal or socialist healthcare systems (I make this distinction because they are not the same) are so bad for industry. Our own businesses are at a competitive disadvantage in the need to provide health and pension benefits compared to those in other first world nations.
 
Oct 30, 2004
11,442
32
91
Yeah, this is why I always as flabbergasted by those on the right that say universal or socialist healthcare systems (I make this distinction because they are not the same) are so bad for industry. Our own businesses are at a competitive disadvantage in the need to provide health and pension benefits compared to those in other first world nations.

Tea Partiers and others on the right aren't exactly rocket scientists.
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
Unions being forced to enter into mediation by judge.

http://www.google.com/hostednews/ap...0GZwhg?docId=eb5a33cad0b44b818e49ad4911682d88

Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.

The bankruptcy judge hearing the case says that the parties haven't gone through the critical step of mediation and asked the lawyer for the bakery's union to ask his client, who wasn't present, if he would agree to participate.
 

Wreckem

Diamond Member
Sep 23, 2006
9,459
987
126

Nice spin, to bad its just that spin. Unions aren't being forced. They agreed to it because the judge wouldn't allow Hostess to liquidate until the parties try mediation.

Now that the US Trustee is likely to take control if liquidation procceds, I am sure the management will try and avert liquidation now that they know they personally won't be able to reap millions in more bonuses during the liquidation.
 
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Doppel

Lifer
Feb 5, 2011
13,306
3
0
Damn it. I bought 5000 boxies of twinkies, now what will I do with them if tehy aren't worth $20/box?!
 

stormkroe

Golden Member
May 28, 2011
1,550
97
91
Damn it. I bought 5000 boxies of twinkies, now what will I do with them if tehy aren't worth $20/box?!
Insulate your house with them. The fire rating will probably net you a break on your home owners insurance.
 

MooseNSquirrel

Platinum Member
Feb 26, 2009
2,587
318
126
One can always go get another job, it really is that simple. But you keep up the war against the bourgeois comrade! You and your kind are doing a hell of a job in destroying industry. Do keep it up! Soon you will achieve your goals.

But damn straight it is my right to pay labor whatever the fuck I want to pay them, they are resources. Just like lumber or concrete, I will pay market wage for their labor product.

The problem with the middle class (the loser class), is they don't understand the value of their product and blame others for their failures. This feeling is what communism and dictators feed off of, to feed on the hopelessness. In this case they believed their worth much more than what it was actually worth. Therefore, they lost the contract and their job...and they didn't lose it because of competition, they lost it by pricing themselves out of the market.

There will be others to fill the need, at more competitive product rates. The sooner one learns ones labor is a product, the better one will be.

Ah the insights we get into the mind of a person who sits on Corporate boards!

Who here thinks Spidey actually was on Hostess's board?

I mean it would explain a lot!
 

Thump553

Lifer
Jun 2, 2000
12,726
2,501
126
You know for all the dozens of news stories and articles I've seen on this, not a single one has said what these bakers are making. I get the feeling this is an enormous snow job for the corporate raiders/consultants to loot this company and move on-witness post #238 above.
 

TechBoyJK

Lifer
Oct 17, 2002
16,701
60
91

You know you have to pay senior level executives a premium to come in and manage a failing company, right?

These bonuses were to keep these executives from leaving and going to more stable companies which could actually allow them to earn bonuses.

You cant tell someone who could earn $300K+ a year to take $100k with no chance for bonuses, AND do it in a hostile environment AND expect them to actually work for you.

The last thing a dying company wants is to have their management team jump ship. It's like the captain of the boat abandoning a sinking ship. Once he's gone, it's surely going to sink, and fast.
 
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spidey07

No Lifer
Aug 4, 2000
65,469
5
76
This is what is wrong with corporate America. Award those at the top for doing nothing. Screw hard work, company loyalty, etc. Spidey, you have just admitted to being a vulture/parasite.



The mind of the conservative at work. This is why you and your party are so out of touch with the average American.

Clue for you. We don't ever want to be average.

Also my retention bonus was to reward loyalty and keep me there. Golden handcuffs.
 
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dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
You know for all the dozens of news stories and articles I've seen on this, not a single one has said what these bakers are making.

I get the feeling this is an enormous snow job for the corporate raiders/consultants to loot this company

Here is article today focusing on the pissed off 18,000 employees.

I applaud every one of them and their families for standing up to the Corporate elitists.

Yes, they lost their jobs, they lost their insurance, they lost the Unions but they saved the most important thing of all, their American pride.

Hopefully these 18,000 and their families are just the start of a mass to rise up and fight against the Corporatists that are destroying this country.

The Revolution is starting to happen right before your eyes.

Many on here support the Corporatists, look out your time is coming.

11-22-2012

http://news.yahoo.com/twinkies-bakers-theyd-rather-lose-jobs-pay-cuts-075558559--finance.html

Twinkies bakers say they'd rather lose jobs than take pay cuts



Enough is enough, say bakery workers at Hostess Brands Inc.

Interviews with more than a dozen workers showed there was little sign of regret from employees who voted for the strike. They said they would rather lose their jobs than put up with lower wages and poorer benefits.

"They're just taking from us," said Kenneth Johnson, 46, of Missouri.

He said he earned roughly $35,000 with overtime last year, down from about $45,000 five years ago.

"I really can't afford to not be working, but this is not worth it. I'd rather go work somewhere else or draw unemployment," said Johnson, a worker at Hostess for 23 years.

With 18,500 workers, Hostess has 12 different unions including the BCTGM, which has about 5,600 members on the bread and snack item production lines, and the International Brotherhood of Teamsters, which represents about 7,500 route sales representatives, drivers and other employees.

Unlike some non-unionized rivals, the maker of Wonder Bread and Drake's cakes had to navigate more than 300 labor contracts, with terms that often strained efficiency and competitiveness, Hostess officials have said.

FRUSTRATIONS, COMPLAINTS

Workers had a laundry list of frustrations, from rising healthcare costs to decreased wages and delayed pension benefits. They even cited a $10-per-week per worker charge they said Hostess claimed was needed to boost company capital.

"They have taken and taken and taken from us," said Debi White, who has worked at Hostess for 26 years, most recently as a bun handler at its bread and roll plant in Lenexa, Kansas.

"They have been walking around stomping their foot saying either you give in ... or else we're going to close you now. Well, go ahead, we're tired of their threats," she said. "That's how we feel."

On Wednesday, Hostess' lawyer Heather Lennox said the company had received a "flood of inquiries" from potential buyers for several brands that could be sold at auction, and expects initial bidders within a few weeks.

With operations stalled, the company that makes Twinkies and other famous U.S. brands said last week that liquidating its business was the best way to preserve its dwindling cash. It won court approval on Wednesday to start winding down in a process expected to claim 15,000 jobs immediately and over 3,000 more after about four months.
 
May 13, 2009
12,333
612
126
Seems kinda retarded. Let's show them by quitting our jobs in a recession. Hell I'd signed the contract then found another job while still getting a paycheck.
 

Dulanic

Diamond Member
Oct 27, 2000
9,950
569
136
He said he earned roughly $35,000 with overtime last year, down from about $45,000 five years ago.

"I really can't afford to not be working, but this is not worth it. I'd rather go work somewhere else or draw unemployment," said Johnson, a worker at Hostess for 23 years.

LOL a > 20% pay cut was how they previously rewarded 23 years of service....and now they wanted more... I would have quit too.
 

dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
Originally Posted by dmcowen674
He said he earned roughly $35,000 with overtime last year, down from about $45,000 five years ago.

"I really can't afford to not be working, but this is not worth it. I'd rather go work somewhere else or draw unemployment," said Johnson, a worker at Hostess for 23 years.


LOL a > 20% pay cut was how they previously rewarded 23 years of service....and now they wanted more... I would have quit too.

Thank you

You bring tears to my eyes.

Very rare to see a P&Ner support the little guy here. :thumbsup:
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
Here is article today focusing on the pissed off 18,000 employees.

I applaud every one of them and their families for standing up to the Corporate elitists.

Yes, they lost their jobs, they lost their insurance, they lost the Unions but they saved the most important thing of all, their American pride.

Hopefully these 18,000 and their families are just the start of a mass to rise up and fight against the Corporatists that are destroying this country.

The Revolution is starting to happen right before your eyes.

Many on here support the Corporatists, look out your time is coming.

What part of two bankruptcies do you not understand? There are no Corporatists destroying anything here. The company just simply was not making money. Have you not seen that a package of 8 snack cakes was only selling for like $1.25to $1.75 retail? The health food craze is also gaining a lot of momentum.

Corporatists time is coming? Still trying to mount your revolution? The closest thing you were going to get to a revolution was the occupy movement and that dies a miserable death. Good luck trying to start one again. It's gotta work this time. The rest of the country had to be as angry as you are.
 
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