A picket line has gone up at the Hostess Brands plant and store in Sacramento, part of a strike against the maker of Wonder bread, Twinkies and other baked treats that began Friday.
About a dozen pickets were marching at the Hostess operation on Arden Way near Business 80 this afternoon, with workers saying they were protesting proposed wage cuts and sharp increases in medical coverage costs....
Hostess, a privately held company based in Irving, Texas, issued a release Friday warning that the company could be imperiled by the labor strife.
"A widespread strike will cause Hostess Brands to liquidate if we are unable to produce or deliver products," the company said. "If that's the case, the company will move promptly to lay off most of its 18,300-member workforce and focus on selling its assets to the highest bidders."
Hostess, which employs nearly 300 workers in Sacramento and about 1,850 in California, has struggled in recent years with two bankruptcy filings. The company issued warnings last summer to all of its workers that they could face a major layoff. http://www.sacbee.com/2012/11/11/4977910/picket-lines-go-up-outside-twinkies.html
It would be a shame if Hostess goes out of business.
Hey, what if a company like Bain Capital came into to help Hostess? Oh wait, that's frowned upon in Obama's world.
And I am just curious how much these union workers make and if they are willing to force a business to close. Would they be happier if the company went bankrupt and they had no job?
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