|
|||||||
| Off Topic and Member Therapy Rant or Chat away about your favorite things! Share camping tips, favorite recipies, whatever. |
![]() |
|
|
LinkBack | Thread Tools | Display Modes |
|
#1
|
||||
|
||||
|
Well, I haven't eaten a Twinkie product in many years, but I was still sad to hear that Hostess Brands had thrown in the towel.
http://www.foxbusiness.com/news/2012...ppling-strike/ Here's a tip to union workers who might be concerned about their future: If your employer is struggling, and fighting thru bankruptcy, it might not be the best time to launch a strike if you were hoping to keep your job.
__________________
Phodius (AMA # 282162) MSgt Retired USAF (1986-2010) 2007 Suzuki DL1000 V-Strom 2002 Honda Goldwing "Ride South, Ride Often" |
| Sponsored Links | ||
Advertisement | ||
|
#2
|
||||
|
||||
|
Sad day, I grew up eating Wonder Bread.
|
|
#3
|
|||
|
|||
|
I don't live very far from the St. Louis plant that was shut down. I think both sides knew what was going to happen. The company pushed them into the strike, giving them an extra reason to shut down. The union workers knew this, but there comes a time when enough is enough. It was going to happen either way.
__________________
I live in my own little world, but it's OK, I am their KING.
|
|
#4
|
||||
|
||||
|
Quote:
My brother told me that this was in the works for months. He even told me who was setting up to buy the Co. but I can’t remember who he said it was. I did not like the brand after they changed the lemon pie tast. |
|
#5
|
||||
|
||||
|
I wouldn't get too upset about the end of production (aside from the 18,000 newly jobless) but I'm sure if you stockpile any of their products, they will be no less edible in a decade or seven.
__________________
Sent from my Hewlett-Packard 75C, using the Flying Merkel motorcycle app. Stromin'Nroman NC28729, USA DL650A K7 (Greywolf Moto Lab's R&D test mule) June 1, 2012 - present DL650A K7 April 23, 2007 - January 6, 2012, RIP "Look here brother, who you jivin' with that cosmik debris?" Frank Zappa, 1975 |
|
#6
|
||||
|
||||
|
I risk of teetering on the edge of "no politics", but as a brand expert, I think it's important to note that for the past 3-8 years, Hostess has been under the effective control of several Wall Street private equity firms including GE Capital, Silverpoint, and Monarch, with executive management consisting primarily of restructuring attorneys, financial executives, and a liquidation expert. Not one with any bakery management experience.
So it's fair to say that the strike made for a good opportunity to execute a fire sale that has been planned for years. Twinkies will come back, and pretty soon, but look for them to be made in China moving forward. Private equity is all about maximizing return on capital invested. Last edited by Snowkarver; 11-16-2012 at 02:00 PM. |
|
#7
|
||||
|
||||
|
Trying not to cry. I learned my colors from those little dots on the Wonder Bread package. Didn't work. Made me colorblind.
__________________
The frightening thing is not dying The frightening thing is not living T Bone Burnett |
|
#8
|
||||
|
||||
|
Twinkies? GACK! Good Riddance!
__________________
-Tom (DL650AL2) (KA1TOX) (E-I-E-I-O) This message and images are licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License. http://creativecommons.org |
|
#9
|
|||
|
|||
|
A not uncommon tactic, force a strike, shut the business down, sell it, move it to a right to work state (or China).
__________________
Joe S. '12 Concours '11 DL650 '10 Tiger1050 '01 HD FXD '09 HD XR1200 '79 BMW R100 |
|
#10
|
||||
|
||||
|
Then I would avoid the Devil Dogs.
__________________
Sent from my Hewlett-Packard 75C, using the Flying Merkel motorcycle app. Stromin'Nroman NC28729, USA DL650A K7 (Greywolf Moto Lab's R&D test mule) June 1, 2012 - present DL650A K7 April 23, 2007 - January 6, 2012, RIP "Look here brother, who you jivin' with that cosmik debris?" Frank Zappa, 1975 |
| Sponsored Links | |
Advertisement | |
![]() |
| Thread Tools | |
| Display Modes | |
|
|