Gunner Garrison Posted November 17, 2012 Share Posted November 17, 2012 I pity your ignorance of the shelf life of Twinkies. Aprox 25 days. Which is very long for a baked good. The chances are eating a older one wont kill you but it sure wont have a positive impact on your health. A canned good, like Spam, is a much better choice for nutritional content and longevity. Link to comment Share on other sites More sharing options...
Ossi Vaananen Posted November 17, 2012 Share Posted November 17, 2012 I pity your ignorance of the shelf life of Twinkies. Aprox 25 days. Which is very long for a baked good. The chances are eating a older one wont kill you but it sure wont have a positive impact on your health. A canned good, like Spam, is a much better choice for nutritional content and longevity. Link to comment Share on other sites More sharing options...
unknown33429 Posted November 17, 2012 Share Posted November 17, 2012 I absolutely despise Unions, but I don't agree with the owners coming together, and deciding the limits to players' salary. The owners are coming together and acting like a union in the CBA disagreement as well, since there are multiple owners of businesses trying to impose wage limits on all hockey professionals. I don't get why people don't see it. The players aren't all holding out for more money, instead the owners are holding out for less costs. It's the opposite of a strike. An individual player should be able to charge whatever the free market allows him to do so, instead of owners coming together and putting salary limits. Link to comment Share on other sites More sharing options...
Common sense Posted November 17, 2012 Share Posted November 17, 2012 It's too bad, really. They can now join the 8% of Americans who are unemployed, I guess... Link to comment Share on other sites More sharing options...
WHL rocks Posted November 17, 2012 Share Posted November 17, 2012 Take note D. Fehr. Link to comment Share on other sites More sharing options...
dKs89 Posted November 17, 2012 Share Posted November 17, 2012 I pity your ignorance of the shelf life of Twinkies. Aprox 25 days. Which is very long for a baked good. The chances are eating a older one wont kill you but it sure wont have a positive impact on your health. A canned good, like Spam, is a much better choice for nutritional content and longevity. Link to comment Share on other sites More sharing options...
Upshall18 Posted November 17, 2012 Share Posted November 17, 2012 As long as I can still get my Hickory Sticks Link to comment Share on other sites More sharing options...
-Vintage Canuck- Posted November 17, 2012 Share Posted November 17, 2012 Noooooo!!!! Link to comment Share on other sites More sharing options...
Five For Fighting Posted November 17, 2012 Share Posted November 17, 2012 As long as I can still get my Hickory Sticks Link to comment Share on other sites More sharing options...
Offensive Threat Posted November 17, 2012 Share Posted November 17, 2012 cantellifsrs Link to comment Share on other sites More sharing options...
Mr. Ambien Posted November 17, 2012 Share Posted November 17, 2012 someone will buy the name/rights to make them. i mean, they are about to have an all time sales increase in Colorado and Washington state. Link to comment Share on other sites More sharing options...
avelanch Posted November 17, 2012 Share Posted November 17, 2012 Or modified twinkies using cannabis butter. Link to comment Share on other sites More sharing options...
hudson bay rules Posted November 17, 2012 Share Posted November 17, 2012 Haven't eaten any of their products in years. It's all my fault Link to comment Share on other sites More sharing options...
Buddhas Hand Posted November 18, 2012 Share Posted November 18, 2012 Take note D. Fehr. Link to comment Share on other sites More sharing options...
PredsFanFromLa Posted November 18, 2012 Share Posted November 18, 2012 This dealt a serious blow to my lifelong dream of eating a deep-fried twinkie. Gone but never forgotten Link to comment Share on other sites More sharing options...
DarthNinja Posted November 19, 2012 Share Posted November 19, 2012 Twinkies will likely survive Hostess sale There's no need to panic, another snack company will likely buy the profitable Twinkie brand. 5:41PM EST November 18. 2012 - DETROIT (AP) — Twinkie lovers, relax. The tasty cream-filled golden spongecakes are likely to survive, even though their maker will be sold in bankruptcy court. Hostess Brands Inc., baker of Wonder Bread as well as Twinkies, Ding Dongs and Ho Ho's, will be in a New York bankruptcy courtroom Monday to start the process of selling itself. The company, weighed down by debt, management turmoil, rising labor costs and the changing tastes of America, decided on Friday that it no longer could make it through a conventional Chapter 11 bankruptcy restructuring. Instead, it's asking the court for permission to sell assets and go out of business. But with high brand recognition and $2.5 billion in revenue per year, other companies are interested in bidding for at least pieces of Hostess. Twinkies alone have brought in $68 million in revenue so far this year, which would look good to another snack-maker. "There's a huge amount of goodwill with the commercial brand name," said John Pottow, a University of Michigan Law School professor who specializes in bankruptcy. "It's quite conceivable that they can sell the name and recipe for Twinkies to a company that wants to make them." Hostess has said it's received inquiries about buying parts of the company. But spokesman Lance Ignon would not comment on analysts' reports that Thomasville, Ga.-based Flowers Foods Inc. and private equity food investment firm Metropoulos & Co. are likely suitors. Metropoulos owns Pabst Brewing Co., while Flowers Foods makes Nature's Own bread, Tastykake treats and other baked goods. Messages were left for spokesmen for both companies on Sunday. "We think there's a lot of value in the brands, and we'll certainly be trying to maximize value, both of the brands and the physical assets," Ignon said Sunday. He said it's possible some of Hostess' bakeries will never return to operation because the industry has too much bakery capacity. Little will be decided at Monday afternoon's hearing before Bankruptcy Judge Robert Drain, Pottow said. The judge eventually will appoint a company that specializes in liquidation to sell the assets, and the sale probably will take six months to a year to complete, Pottow said. Irving, Texas-based Hostess filed for Chapter 11 bankruptcy protection in January for the second time in less than a decade. Its predecessor company, Interstate Bakeries, sought bankruptcy protection in 2004 and changed its name to Hostess after emerging in 2009. The company said it was saddled with costs related to its unionized workforce. The company had been contributing $100 million a year in pension costs for workers; the new contract offer would've slashed that to $25 million a year, in addition to wage cuts and a 17% reduction in health benefits. Management missteps were another problem. Hostess came under fire this spring after it was revealed that nearly a dozen executives received pay hikes of up to 80% last year even as the company was struggling. Then last week thousands of members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union went on strike after rejecting the company's latest contract offer. The bakers union represents about 30% of the company's workforce. By that time, the company had reached a contract agreement with its largest union, the International Brotherhood of Teamsters, which this week urged the bakery union to hold a secret ballot on whether to continue striking. Although many bakery workers decided to cross picket lines this week, Hostess said it wasn't enough to keep operations at normal levels. The company filed a motion to liquidate Friday. The shuttering means the loss of about 18,500 jobs. Hostess said employees at its 33 factories were sent home and operations suspended. Its roughly 500 bakery outlet stores will stay open for several days to sell remaining products. News of the decision caused a run on Hostess snacks at many stores around the country, and the snacks started appearing on the Internet at inflated prices. http://www.usatoday.com/money/ Link to comment Share on other sites More sharing options...
Common sense Posted November 19, 2012 Share Posted November 19, 2012 Well, if the union thinks they can do a damn better job, then here's their chance. Link to comment Share on other sites More sharing options...
Offensive Threat Posted November 19, 2012 Share Posted November 19, 2012 So the trademarks and recipes etc. all go up for sale. Anything thats profitable, like twinkies, will be back in production by another company soon enough. Maybe a couple months at most. By a company that wont have to deal with the unions that dragged Hostess down. The union really hit that one out of the ballpark. Id love to hear how they told the employees that they lost all their jobs "You know how you all didnt want that 30% pay decrease? Well guess what? You dont have to worry about that anymore" Game over. Link to comment Share on other sites More sharing options...
Pouria Posted November 19, 2012 Share Posted November 19, 2012 Twinkie maker Hostess moves to wind down operations, lay off its 18,500 workers Hostess Brands Inc. says it's going out of business after striking workers across the country crippled its ability to make its Twinkies, Ding Dongs 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 its brands if plants hadn't resumed normal operations by a Thursday evening deadline. The deadline passed without a deal. The closing would mean the loss of about 18,500 jobs across the United States. "I don't know if they thought that was a bluff," CEO Gregory Rayburn said on CNBC Friday. He said the financial impact of the strike makes it "too late" to save the company even if workers have a change of heart. That's because the clients such as retailers decide to stop carrying products when supplies aren't adequate. Rayburn said he's hopeful that the company will find buyers for its roster of about 30 brands, which also include Ho Hos, Dolly Madison, Drake's and Nature's Pride snacks and Wonder Bread. The company books about $2.5 billion in sales a year. In Canada, George Weston Ltd. of Toronto (TSX:WN) counts Wonder Bread among its brands while Montreal-based Saputo Inc. (TSX:SAP) has rights to the Hostess brand but doesn't include Twinkies in its current lineup of snack cakes. Weston holds the rights to the Wonder Bread name in Canada independently and company spokesman Geoff Wilson said Friday that it has no interest in acquiring the manufacturing assets or brand names of Hostess in the U.S. Hostess, based in Irving, Texas, said its stores will remain open for several days to sell remaining products. Operations at its 33 factories were suspended Friday. The privately held company filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade. The move comes after thousands of members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union went on strike last week after rejecting a contract offer that slashed wages and benefits in September. The bakers union represents about 30 per cent of the company's workforce. Rayburn said the union's leadership had misled members into believing there was a buyer in the wings who would rescue the company. He said the union hadn't returned the company's calls for the past month. A union representative did not immediately return a call seeking comment. Hostess had said earlier this week that production at about a dozen of its plants were seriously affected by the strike. Although many workers decided to cross picket lines, the company said it wasn't enough to keep operations at normal levels. Three plants were closed earlier this week. Hostess had already reached a contract agreement with its largest union, the International Brotherhood of Teamsters. The Teamsters had urged the bakery union this week to hold a secret ballot on whether to continue striking. Hostess said the company is unprofitable under its current cost structure, in large part because of union wages and pension costs. Rayburn said in a statement on the company website that all employees will eventually lose their jobs, "some sooner than others." "Unfortunately, because we are in bankruptcy, there are severe limits on the assistance the (company) can offer you at this time," Rayburn wrote. Hostess, founded in 1930, was fighting battles beyond labour costs. Competition is increasing in the snack space and Americans are increasingly conscious about healthy eating. With files from the Canadian Press Read it on Global News: Global Edmonton | Twinkie maker Hostess moves to wind down operations, lay off its 18,500 workers Link to comment Share on other sites More sharing options...
hockeyville88 Posted November 19, 2012 Share Posted November 19, 2012 Not so fast! CNBC @CNBC BREAKING: Hostess and Bakers Union agree to mediation, preventing shut down. Link to comment Share on other sites More sharing options...
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