No more Twinkies or Ding Dongs?
Hostess, maker of Twinkies and Wonder Bread, to go out of business | NJ.com
IRVING, Texas — Hostess, the maker of Twinkies, Ding Dongs and Wonder Bread, is going out of business.
The Irving, Texas based company today asked a court's permission to close down a week after its bakers union went on strike.
Bakery operations have been suspended at all plants. Most of its 18,500 workers will be laid off and the company will try to sell its assets. Hostess has 33 bakeries and 565 distribution centers. The company has issued layoff notices to 390 North Jersey workers, according to a report on NorthJersey.com. Hostess told 320 workers at its Wayne bakery and 70 at its outlet store in Carlstadt that the layoffs will take effect July 3, the report said.
Hostess closed three of its 36 plants permanently Monday, blaming the strike, and about 13 plants operated "unsustainably" this week because of worker shortages, Chief Executive Officer Gregory Rayburn said Thursday. The bakers union has "made no demands, and in fact they stopped returning our calls about a month ago," he said.