Hostess mediation fails, company to continue liquidation - News, Weather, Sports, Toledo, OH

Hostess mediation fails, company to continue liquidation

By The Associated Press

Hostess Brands Inc. lived to die another day.

The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with and its second biggest union. As a result, the company will continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can liquidate

The talks had come as a surprise after Hostess declared last week it would move to wind down its business and start selling off its assets in bankruptcy court. After making its case to liquidate on Monday, however, the bankruptcy judge hearing the case noted the two sides hadn't yet tried resolving their differences through private mediation. The judge noted that 18,000 jobs were on the line and urged the company and union to try to resolve their differences.

Hostess shut down its three dozen plants late last week after it said a strike by the union crippled its ability to maintain normal production. The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union, which represents about 30% of the company's workers, says the company's demise was the result of years of mismanagement, however, and that workers have already given steep concessions over the years.

Local Hostess employees working at its Northwood facility say they are disappointed with the outcome and are moving on.

"I am not surprised and I am so thankful because now we might not have to stand behind this barrel anymore and we can go home.  Get our unemployment and it's done with . This isn't what anyone wanted? No it's not what we wanted but the chapter is closed now, you know what I mean. We can move on," said Melissa White.

"I still hope that another company is out there that will buy this half, whole or whatever you know. Anything that will put us back to work," said Mark Popovich.

"We're trained, we know what we are doing in there and it's a good PR move for a new company to take all these people that are displaced to come on in and go to work," agreed White.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Headlines from Lucas, Wood, Ottawa, Fulton & Monroe CountiesNewsMore>>

  • Is there a trick to buying cheaper plane tickets? The short answer, no.

    Is there a trick to buying cheaper plane tickets? The short answer, no.

    Tuesday, April 24 2018 6:32 PM EDT2018-04-24 22:32:10 GMT
    (Source: AP Images)(Source: AP Images)
    (Source: AP Images)(Source: AP Images)

    Buying your ticket at 11:59 on Tuesday night or only traveling on Wednesdays. You may have attempted these, when trying to save on a flight. But what really works and what doesn't? In a new survey in Cheapair.com they explain that there really isn't a better day to buy tickets. The most expensive day of the week to fly is Sunday. Some of those tickets on Sunday can be $75 more expensive. Another finding the best time to buy a plane ticket is 70...

    More >>

    Buying your ticket at 1159 on Tuesday night or only traveling on Wednesdays. You may have attempted these, when trying to save on a flight. But what really works and what doesn't? In a new survey in Cheapair.com they explain that there really isn't a better day to buy tickets. The most expensive d

    More >>
  • City argues traffic camera case in front of Ohio Supreme Court

    City argues traffic camera case in front of Ohio Supreme Court

    Tuesday, April 24 2018 6:25 PM EDT2018-04-24 22:25:36 GMT
    (Source: WTOL)(Source: WTOL)
    (Source: WTOL)(Source: WTOL)

    The judges states it basically comes down to the city challenging a spending statute or law by the state which isn't the same as challenge to the Home Rule protection in the State's constitution.

    More >>

    The judges states it basically comes down to the city challenging a spending statute or law by the state which isn't the same as challenge to the Home Rule protection in the State's constitution.

    More >>
  • Firefighter Cancer Registry passes in U.S. Senate committee

    Firefighter Cancer Registry passes in U.S. Senate committee

    Tuesday, April 24 2018 6:25 PM EDT2018-04-24 22:25:16 GMT
    (Source: WTOL)(Source: WTOL)
    (Source: WTOL)(Source: WTOL)

    TOLEDO, OH (WTOL) - It's no secret that firefighters can get sick with cancer because of many of the things they must do on the job. Now, there's a national effort to help them. In January, Governor Kasich signed a state bill that allows firefighters diagnosed with certain cancers, to get more worker's compensation benefits or coverage. And today in Washington, a bipartisan bill was passed out of the Senate Health, Education, Labor and Pensions Committee...

    More >>

    TOLEDO, OH (WTOL) - It's no secret that firefighters can get sick with cancer because of many of the things they must do on the job. Now, there's a national effort to help them. In January, Governor Kasich signed a state bill that allows firefighters diagnosed with certain cancers, to get more worker's compen

    More >>
Powered by Frankly