No more twinkies to be made vol. start stocking up on them

just a heads up for yall hostess fans...


the wal-mart i went to this afternoon had their shelves pretty well stocked of all hostess products (except for twinkies)

this same wal-mart had bare shelves in that isle on saturday...so either they found some stuff in da back room, or
they got one last shipment in today

good luck
 
[h1]Shame On The Gluttonous Bakery Union Members, Blasted Twinkie Killers[/h1]

(Photo credit: Wikipedia)

Drat! I’m bummed—saddened by the news that the Hostess company, home of the Twinkie and other venerable sugary snacks, is shutting down.

I’ll bet I haven’t eaten more than three or four Twinkies in the last 30 years, so the demise of Hostess doesn’t adversely impact my lifestyle. It’s just that, for baby boomers like me, the Twinkie has historic significance in popular culture. Being a kid in the ‘50s meant watching “The Mickey Mouse Club” and “The Lone Ranger” and snacking on Twinkies and Tootsie Rolls. Twinkies were as American as baseball. Now the company that makes them is facing liquidation. Why?

Because the bakery union wouldn’t agree to the concessions needed to keep their employer afloat. Look, I don’t wish lower wages on anybody, and having personally worked with great people in two unions (UAW and NEA), I have a natural sympathy for working men and women, but I can’t respect a union that would kill off the Twinkie and their own jobs due to a false sense of pride.

Hostess lost $341 million last year. The money for the compensation that the bakery union wanted simply wasn’t there. Even the Teamsters union, whom nobody would ever accuse of wimping out during contract talks, looked at Hostess’ books and acknowledged that the only way to keep the operation afloat would have been for workers to accept lower compensation.

The bakery union, however, would have none of it. They couldn’t have been so stupid as to misunderstand the simple arithmetic of Hostess’ financial predicament, so one can only conclude that they went berserk with ideological madness—“better to destroy the company than to make concessions to management” seems to have been their cold-hearted calculus. The bakery union lost sight of an important truth understood by Samuel Gompers, the founder of the American Federal of Labor, over a century ago: that what workers need is a company that operates at a profit.

The pending liquidation of Hostess raises some interesting questions: If people lose their jobs because they committed economic hara-kiri, should they still be entitled to receive taxpayer-funded unemployment? Should the Teamsters union members, whose jobs are also being lost because of the Bakery union’s decision, be allowed to file civil suit against the Bakery union for compensatory damages for the losses they will suffer from the latter’s reckless actions? Can the rank and file of the bakery union sue their union leaders for professional malpractice? (The malpractice is worse in the union’s case, because most doctors convicted of malpractice don’t intentionally try to harm patients, whereas the Hostess bakery union could see that their action would have a lethal effect, and they went ahead with it anyway.)

It is possible that Hostess has been living on borrowed time. Tastes have been gradually shifting to healthier foods and Hostess’ complex financial structure (372 collective-bargaining agreements, 80 health and benefit plans, and 40 pension plans, according to The Wall Street Journal) might have guaranteed its eventual demise anyhow. Still, for the union to kill off the source of their own members’ income is ghastly. Can there be any silver linings in such a monstrous act? Perhaps.

Maybe union members will start demanding leadership that helps companies survive instead of killing them off. Maybe more union workers will come to understand which is the better choice for them: working zero hours per week at x-dollars per hour or 40 hours per week at x-y dollars per hour. Maybe the Twinkie brand will be sold to another firm so that this iconic snack doesn’t go the way of the dodo. Maybe Americans will see that a corporate bankruptcy—even a corporate liquidation—doesn’t mean that the company’s product has to disappear, that its assets can still be put to productive use, and that at least some of its employees can continue to do the same kind of work under a different business plan based on an economically rational and sustainable cost structure.

Maybe, just maybe, it will dawn on Americans that the same stubborn and ultimately destructive denial of reality that brought down Hostess and possibly killed the innocent Twinkie is the same willful madness that we see in Washington, where ALF-CIO boss Richard Trumka flatly opposes government spending cuts and Senate Majority Leader Harry Reid refuses even to consider Social Security reform. Like the bakery union at Hostess, these powerful national figures seem ideologically incapable of recognizing the simple fact of life that they want more than the country can afford. Call it folly or madness or whatever, but if we don’t wake up and change our ways, there will be far more economic destruction than just the loss of the venerable Hostess brand.

Dr. Mark W. Hendrickson is an adjunct faculty member, economist, and fellow for economic and social policy with The Center for Vision & Values at Grove City College.
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To everybody going crazy: settle down fatty.

BIMBO mexican version of hostes still has twinkies! everywhere, same shape flavor everything.

THIS IS THE SAME THING AS A GOING OUT OF BUSINESS SALE

MINUS THE GOING OUT OF BUSINESS PART.

and everyone ate it up. Literally.
 
 
Champagne Papi said:
To everybody going crazy: settle down fatty.

BIMBO mexican version of hostes still has twinkies! everywhere, same shape flavor everything.

THIS IS THE SAME THING AS A GOING OUT OF BUSINESS SALE

MINUS THE GOING OUT OF BUSINESS PART.

and everyone ate it up. Literally.

 
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but its not hostess...
 
I could care less about twinkies but them golden cupcakes they make and ho hos be on point not to jention their home pride bread be some of the softest sandwhich bread and be PERFECT when i make them pb&j sandwiches
 
The national nightmare is over.

Twinkies will be back this summer.

New York Times
[h1]Hostess Sells Twinkies Brand to Investment Firms[/h1]By MICHAEL J. DE LA MERCED and PETER LATTMAN

JP-HOSTESS-tmagArticle.jpg


One of the last shipments of Twinkies made by Hostess Brands was unpacked at a Jewel-Osco grocery store in Chicago on Dec. 11. Hostess has sold the snack brand and four others for $410 million.

8:53 p.m. | Updated

Twinkies and Ding Dongs are back from the dead.

Hostess Brands, the now bankrupt owner of the cream-filled confections, agreed on Tuesday to sell the snacks — along with Ho Hos, Sno Balls and Dolly Madison Zingers — to two investment firms with a shared history of corporate turnarounds.

The deal, worth $410 million, was struck nearly four months after the last Twinkie rolled off the baking lines.

When Hostess, unable to reach a deal with its bakers’ union, announced in November that it would wind down operations, it set off waves of nostalgia for a symbol of American junk food. As recently as Tuesday, sellers on eBay were seeking to fetch as much as $250,000 for two boxes of Twinkies.

The sale will mean that Twinkies, born more than 83 years ago in an Illinois industrial kitchen, will live on, having survived wars, recessions and the South Beach and Dukan diets.

The new owners will be Apollo Global Management and Metropoulos & Company, which owns Pabst Blue Ribbon and Vlasic pickles. C. Dean Metropoulos, the food industry veteran who leads the firm that bears his name, is expected to become the chief executive of the snack business.

The deal includes five Hostess factories, which the buyers hope to restart so to begin restocking shore shelves by the summer. And the new company will almost certainly feature the Hostess name.

“There’s a great consumer fan base that hasn’t declined,” Daren Metropoulos, one of Mr. Metropoulos’ sons and an executive at the family firm, said in an interview. “We saw a real opportunity to revitalize these brands, just with some T.L.C.”

That may come in the form of what the younger Mr. Metropoulos deemed “guerrilla marketing,” much as his firm has done with Pabst Blue Ribbon. Social media like Twitter are expected to play a big role going forward, he said, and comedian friends like Zach Galifianakis may be drafted as spokesmen. (Will Ferrell, for instance, has starred in commercials for Old Milwaukee beer, part of the Pabst family.)

The business’ new owners also hinted that Twinkies might find a home in a broader array of stores, including discount retailers like Dollar General. Healthier options, like 100-calorie snack packs, are also expected to make an appearance.

Yet the buyers are unlikely to rely as heavily on a unionized work force as the old Hostess did.

“We look forward to discussing opportunities for our members with new ownership, and add value to the revival of these products,” David Durkee, the president of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union, said in a statement.

Apollo and Metropoulos emerged from what at one point seemed like a crowded field of bankruptcy bidders for the brands. At one point, more than 100 parties had expressed interest in Twinkies, a group that included international food giants and private equity firms.

But by 5 p.m. Monday, the deadline for bids, the only qualified offer came from Apollo and Metropoulos. Advisers to Hostess canceled an auction scheduled for Wednesday morning and declared the two the winner.

“It’s not that we lacked interest,” Gregory F. Rayburn, the Hostess chief executive, said in an interview. “Other bidders felt that they could not top the price.”

The new owners bring significant food industry expertise to the deal.

C. Dean Metropoulos has worked side-by-side with private equity firms on his deals in the past. He oversaw several food transactions for the Dallas private equity firm Hicks Muse Tate & Furst, including International Home Foods, the parent of Bumble Bee Tuna and Chef Boyardee.

Mr. Metropoulos, who has a net worth of $1.2 billion, according to Forbes magazine, made a splash in 2010, when he acquired Pabst Blue Ribbon for $250 million. Pabst — known as P.B.R. among the beer-drinking crowd — has experienced a renaissance in recent years. Mr. Metropoulous’s sons, Evan and Daren, work alongside their father at the firm, based in Greenwich, Conn.

Still, reviving Twinkies and Ring Dings could be their highest profile turnaround.

As for Apollo, the private equity firm has deep experience with food-related investments, having previously owned stakes in the grocery-store chains Ralphs and Dominick’s.

Apollo currently holds a controlling stake in Sprouts, a large natural food store chain in the Western United States that, presumably, will not be selling Hostess snacks.

The sale is not done yet. It requires the approval of the federal bankruptcy judge overseeing the Chapter 11 case. A hearing has been tentatively scheduled for March 19.

Hostess is still selling its other remaining brands, including Drake’s snack cakes. Those auctions are expected to conclude by early next month.

Mr. Rayburn said that at some point, Hostess executives will celebrate by popping open a bottle of Champagne.

For his part, Daren Metropoulos said that he and his family would sample some new batches of Hostess product — “and probably crack open a cold P.B.R.”
[h6]A version of this article appeared in print on 03/13/2013, on page B9 of the NewYork edition with the headline: Hostess Sells Twinkies Brand to Investment Firms.[/h6]
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Thanks, Obama.
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Maybe it's just me but it was pretty obvious that it was going to happen. Company's go out of business, and name brands/recipes are put up for sale.
 
Most people thinking logically expected this. The Twinkie brand has value, only a matter of time.
 
Just wondering (also been fiendin for a hostess golden cupcake) did the union workers shoot themselves in the foot? Like if they woulda just went back to work we would be eating hostess foods right now? So they are basically out of a job when all they had to do is go back to work????
 
Cue the "quality on the retro twinkies suck" posts! LOL filling all on the wrapper smh..
 
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