11-19-2012, 06:04 PM | #85 | |
2017 HyperBlue 2SS
|
Quote:
__________________
]
http://www.camaro5.com/forums/showthread.php?t=30755 2010 IBM 2LT RS......Traded for..... 2012 IBM 2SS RS......Traded for..... 2017 HBM 2SS |
|
11-20-2012, 12:22 AM | #86 |
Banned
|
The Twinkie Hangs On: Judge Orders Hostess to Mediate with Union
Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the 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 said Monday that the parties haven't gone through the critical step of mediation and asked the lawyer for the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union, which has been on strike on Nov. 9, to ask his client, who wasn't present, if the union would agree to participate. The judge noted that the bakery union went on strike after rejecting the company's latest contract offer, even though it never filed an objection to it. "Many people, myself included, have serious questions as to the logic behind this strike," said Judge Robert Drain, who heard the case in the U.S. Bankruptcy Court in the Southern District of New York in White Plains, N.Y. "Not to have gone through that step leaves a huge question mark in this case." Hostess and the union are expected to begin the mediation process on Tuesday. Irving, Texas-based Hostess, 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 asked the court for permission to sell assets and go out of business. |
11-20-2012, 10:15 AM | #87 |
Thread Killer
|
Well the bakers union think its can still win and get all it wants and force them to stay open, the owners are done with it, they done washed their hands and the bread union workers won't get anything but an unemployment check.
no judge can force a business to stay open |
11-20-2012, 10:26 AM | #88 |
|
The products will be back, but Hostess is a mess and will pretty much HAVE to close just due to the debt and pension obligations. The management team did not help the cause in any way when it handed out bonuses like business cards...idiots all the way around here. The companies that will buy the Hostess product line(s) will not require the personnel that Hostess has because their manufacturing efficiency is much higher than the antiquated Hostess/Sweetheart Baking methods. I doubt that the 18,000 jobs will be back any time soon. Sad.
__________________
Cars and women are both going to give you problems...but you can pay somebody else to fix your car!
|
11-21-2012, 04:39 PM | #89 |
NEcamaro5
|
the worst thing was moving the bakery to main. the natic bakery always made money no mater of the times.those gready gm cleaned the place out. the last six years has just been sucky.the high ups rake in the cash and people like my mom that worked there for over 25 years got screwd out of her retirement.Mom whent 8 years with no rais.when my Dad hit 3 mill miles of safe driving the teamsters were the ones that congrat him.No one from the bakery gave a crap.this was there number one driver steming from the west hartford bakery to natic then worcester.Dad had just shy of 40 years working for hostess and yea when he died two months after retiring my mom got burned on the life polisy and his pention.yea bitter sweet
|
11-21-2012, 09:38 PM | #90 |
ZL1 Dreamin
Drives: 1967 Camaro, 2010 2SS (RIP) Join Date: Oct 2008
Location: Cut N Shoot Texas
Posts: 532
|
|
11-27-2012, 04:44 AM | #91 |
Thread Killer
|
And its done and over, the union played the hokey pokey with the unemployment line and lost.
…..Ya put your right leg in and make un reasonable demands, ya do the hokey pokey and wave your sign about, and that how you lose your job CLAP_CLAP..... |
11-27-2012, 05:07 AM | #92 |
Account Suspended
Drives: nothing Join Date: Nov 2010
Location: a hole
Posts: 17,906
|
Come to think of it, I haven't eaten a Hostess product for quite some time. They don't offer much health food which is where I am at these days.
|
Post Reply
|
|
|