Contact Us

Hostess Bakery Goes Out Of Business [POLL/VIDEO]

Hostess Bakery, the maker of Twinkies, Zingers, Donettes and Ho Ho’s, embroiled in a labor dispute, says it is going out of business.

Hostess Going out of Business: Twinkies on display
Hostess going out of business: Twinkies for sale at a 7-11 in Ewing. (Dan Alexander, Townsquare Media NJ)

18,500 workers across the country will be put out of work as 33 bakeries and 565 distribution center if a federal bankruptcy judge approves the company’s request to close its operations according to CNN.

“We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” said CEO Gregory Rayburn in a statement.

Labor problems dragged down the company in recent months. The International Brotherhood of Teamsters accepted a new contract that cut benefits and wages but the bakers’ union turned the deal down.

The Irving, Texas, company says a nationwide worker strike crippled its ability to make and deliver its products at several locations.CEO Gregory Rayburn told Fox Business many workers had already crossed picket lines this week to go back to work despite warnings by union leadership that they’d be fined. Three plants had been closed this week.

The company’s portfolio of assets, including its snacks will likely be put up for auction meaning that its Cup Cakes, Zingers and Fruit Pies could live on with another company. Hostess’ other products include Drakes products (Ring Dings, Coffee Cakes, Devil Dog & Funny Bone), Wonder Bread, Beefsteak bread, Merita, Nature’s Pride and Dolly Madison.

The Associated Press contributed to this story.

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wobm.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on 92.7 WOBM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Register on 92.7 WOBM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!