Hostess out of business; 18,500 jobs to be lost

Other side of the story is worth hearing as well

Frank Hurt, president of the striking Bakery, Confectionery, Tobacco Workers and Grain Millers International Union, said a recent chain of events shows Hostess is being misleading by saying the plants closed because of the strike. The union represents 5,300 of Hostess’ 18,300 workers.

But in a Tuesday article on the KMOX-CBS website, St. Louis Mayor Francis Slay said he “was told months ago they were planning on closing the site in St. Louis. And there was no indication at that time it had anything to do with the strike the workers were waging.”

Bankruptcy filings indicate Hostess already had planned to close nine bakeries as part of its restructuring plan; three more bakeries were to be closed with Hostess’ planned sale of its Merita division, the BCTGM release states.

The Twinkies and Wonder bread baker formerly was based in Kansas City under the name Interstate Bakeries Corp. This is Hostess’ second Chapter 11 bankruptcy proceeding.

http://www.bizjournals.com/kansascity/news/2012/11/14/hostess-plant-closings-arent-tied-to.html