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#1
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The Twinkie: Will it return as a Mexican expat?
"With US sugar tariffs set artificially high to protect Florida sugar-growing concerns, a non-unionized shop with access to lower-priced sugar in Mexico could be the Twinkie lifeline, economists suggest." And there you have it. A Mexican Bimbo is going to benefit from your crazy and protectionist food trade regulations. "Bimbo reportedly put in a low-ball bid of $580 million a few years ago, Forbes reports, and may be rewarded for that move since the Hostess kit-and-kaboodle may fetch more like $135 million today." So who's the real Bimbo now? ================================== The Twinkie: Will it return as a Mexican expat? http://news.yahoo.com/twinkie-return...pQgngARuLQtDMD Hostess Brands is liquidating its business after 82 years, which means some of the most iconic brands of the century may be up for auction. Will Twinkies become a foreign import? By Patrik Jonsson | Christian Science Monitor – Sat, Nov 17, 2012 Who knew there were so many Twinkie diehards? The announcement that Hostess Brands would shutter and liquidate its 33 bakeries – including its Twinkie-making plant in Illinois – sparked a fevered Boomer nostalgia ironically belied by the fact that it’s been years since most people have bit into that impossibly long-lasting and sticky-sweet miracle of artificial confectionery. (Today, about 12 percent of US households buy Twinkies, down from 15 percent in 2004.) But news that Twinkie bars are now selling at gold bar prices on eBay hints at opportunity: In fact, global firms are already lining up to bid on the iconic brand names – Ding Dongs, Ho Ho’s, Wonder Bread, Drake’s – in order to prepare many, if not all, for reissue. The brands “most likely will be purchased by a competitor that will bolt the additional sales to a more efficient delivery system,” David Pauker, a food industry restructuring specialist, tells Reuters. “The company itself won't survive.” Food producers ConAgra and Flowers Food, the American company behind Nature Valley granola, have expressed interest and so has Little Debbie baker McKee Foods. But another possible bidder hints at the future of Twinkies and maybe the US bakery business as a whole: Mexico’s Grupo Bimbo, the world’s largest bread baking firm, which already owns parts of Sara Lee, Entenmann’s and Thomas English Muffins. Bimbo has already sniffed around the bankruptcy proceedings that have haunted Hostess for a decade, in a bid to further expand its North American portfolio and pad its $4 billion net worth. Bimbo reportedly put in a low-ball bid of $580 million a few years ago, Forbes reports, and may be rewarded for that move since the Hostess kit-and-kaboodle may fetch more like $135 million today. But the big question is whether the same problems that haunted Hostess – high sugar prices tied to US trade tariffs, changing consumer tastes, and union pushback against labor concessions – will squeeze whatever profit is left in the brands. Especially if a Mexican buyer is involved, production may go the way of the Brach’s and Fannie May candy concerns: south of the border. With US sugar tariffs set artificially high to protect Florida sugar-growing concerns, a non-unionized shop with access to lower-priced sugar in Mexico could be the Twinkie lifeline, economists suggest. On the other hand, if Hostess’ problem is its legacy delivery system, which is what University of Maryland economist Peter Morici suspects, Bimbo may be able to squeeze profits out of the supply chain while still making Twinkies in the US, albeit probably not in union shops. “It may well be that other US producers step into the void and expand their US production, in which case the Hostess liquidation might not be a total loss,” says Chris Edwards, an economist with the conservative Cato Institute. For now, the future of 18,500 Hostess jobs are up in the air, and many may never return. As for the Twinkie? It looks like it actually is indestructible. |
#2
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The Twinkie: Will it return as a Mexican expat?
On Nov 19, 10:05*am, Captain Crunch wrote:
* *"With US sugar tariffs set artificially high to protect Florida * * sugar-growing concerns, a non-unionized shop with access to * * lower-priced sugar in Mexico could be the Twinkie lifeline, * * economists suggest." And there you have it. A Mexican Bimbo is going to benefit from your crazy and protectionist food trade regulations. * *"Bimbo reportedly put in a low-ball bid of $580 million a few * * years ago, Forbes reports, and may be rewarded for that move * * since the Hostess kit-and-kaboodle may fetch more like $135 * * million today." So who's the real Bimbo now? ================================== The Twinkie: Will it return as a Mexican expat? http://news.yahoo.com/twinkie-return...26682.html;_yl... Hostess Brands is liquidating its business after 82 years, which means some of the most iconic brands of the century may be up for auction. Will Twinkies become a foreign import? By Patrik Jonsson | Christian Science Monitor Sat, Nov 17, 2012 Who knew there were so many Twinkie diehards? The announcement that Hostess Brands would shutter and liquidate its 33 bakeries including its Twinkie-making plant in Illinois sparked a fevered Boomer nostalgia ironically belied by the fact that it s been years since most people have bit into that impossibly long-lasting and sticky-sweet miracle of artificial confectionery. (Today, about 12 percent of US households buy Twinkies, down from 15 percent in 2004.) But news that Twinkie bars are now selling at gold bar prices on eBay hints at opportunity: In fact, global firms are already lining up to bid on the iconic brand names Ding Dongs, Ho Ho s, Wonder Bread, Drake s in order to prepare many, if not all, for reissue. The brands most likely will be purchased by a competitor that will bolt the additional sales to a more efficient delivery system, David Pauker, a food industry restructuring specialist, tells Reuters. The company itself won't survive. Food producers ConAgra and Flowers Food, the American company behind Nature Valley granola, have expressed interest and so has Little Debbie baker McKee Foods. *But another possible bidder hints at the future of Twinkies and maybe the US bakery business as a whole: Mexico s Grupo Bimbo, the world s largest bread baking firm, which already owns parts of Sara Lee, Entenmann s and Thomas English Muffins. Bimbo has already sniffed around the bankruptcy proceedings that have haunted Hostess for a decade, in a bid to further expand its North American portfolio and pad its $4 billion net worth. Bimbo reportedly put in a low-ball bid of $580 million a few years ago, Forbes reports, and may be rewarded for that move since the Hostess kit-and-kaboodle may fetch more like $135 million today. But the big question is whether the same problems that haunted Hostess high sugar prices tied to US trade tariffs, changing consumer tastes, and union pushback against labor concessions will squeeze whatever profit is left in the brands. Especially if a Mexican buyer is involved, production may go the way of the Brach s and Fannie May candy concerns: south of the border. *With US sugar tariffs set artificially high to protect Florida sugar-growing concerns, a non-unionized shop with access to lower-priced sugar in Mexico could be the Twinkie lifeline, economists suggest. On the other hand, if Hostess problem is its legacy delivery system, which is what University of Maryland economist Peter Morici suspects, Bimbo may be able to squeeze profits out of the supply chain while still making Twinkies in the US, albeit probably not in union shops. It may well be that other US producers step into the void and expand their US production, in which case the Hostess liquidation might not be a total loss, says Chris Edwards, an economist with the conservative Cato Institute. For now, the future of 18,500 Hostess jobs are up in the air, and many may never return. As for the Twinkie? It looks like it actually is indestructible. Unions and hostess have agreed to mediation and restarting production. Nearly all of hersheys candy is produced in brazil... hostess could move all production to mexico although transit costs for perishables may be costly. maybe some mag lev trains from mexico? |
#3
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The Twinkie: Will it return as a Mexican expat?
On Mon, 19 Nov 2012 10:07:36 -0500, Captain Crunch
wrote: But news that Twinkie bars are now selling at gold bar prices on eBay hints at opportunity: In fact, global firms are already lining up to bid on the iconic brand names – Ding Dongs, Ho Ho’s, Wonder Bread, Drake’s – in order to prepare many, if not all, for reissue. Who cares about the Twinkie or any of their junk food. There are plenty other junk foods sold. I would not pay the store price before this happened, I sure as hell wont pay more on ebay. Of course ebay only exists for rip off sellers to make a fortune and suckers to pay their outrageous prices. Thats why I have not used ebay for years. |
#4
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The Twinkie: Will it return as a Mexican expat?
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#5
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The Twinkie: Will it return as a Mexican expat?
"bob haller" wrote
Nearly all of hersheys candy is produced in brazil... Not so. Just a few weeks ago, Hershey opened an extension of their plant in Hershey PA at a cost of over $300 million. Hershey has several plants in the USA and a few abroad. |
#6
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The Twinkie: Will it return as a Mexican expat?
On Mon, 19 Nov 2012 15:30:41 -0800 (PST), bob haller
wrote: On Nov 19, 10:05*am, Captain Crunch wrote: * *"With US sugar tariffs set artificially high to protect Florida * * sugar-growing concerns, a non-unionized shop with access to * * lower-priced sugar in Mexico could be the Twinkie lifeline, * * economists suggest." And there you have it. A Mexican Bimbo is going to benefit from your crazy and protectionist food trade regulations. * *"Bimbo reportedly put in a low-ball bid of $580 million a few * * years ago, Forbes reports, and may be rewarded for that move * * since the Hostess kit-and-kaboodle may fetch more like $135 * * million today." So who's the real Bimbo now? ================================== The Twinkie: Will it return as a Mexican expat? http://news.yahoo.com/twinkie-return...26682.html;_yl... Hostess Brands is liquidating its business after 82 years, which means some of the most iconic brands of the century may be up for auction. Will Twinkies become a foreign import? By Patrik Jonsson | Christian Science Monitor Sat, Nov 17, 2012 Who knew there were so many Twinkie diehards? The announcement that Hostess Brands would shutter and liquidate its 33 bakeries including its Twinkie-making plant in Illinois sparked a fevered Boomer nostalgia ironically belied by the fact that it s been years since most people have bit into that impossibly long-lasting and sticky-sweet miracle of artificial confectionery. (Today, about 12 percent of US households buy Twinkies, down from 15 percent in 2004.) But news that Twinkie bars are now selling at gold bar prices on eBay hints at opportunity: In fact, global firms are already lining up to bid on the iconic brand names Ding Dongs, Ho Ho s, Wonder Bread, Drake s in order to prepare many, if not all, for reissue. The brands most likely will be purchased by a competitor that will bolt the additional sales to a more efficient delivery system, David Pauker, a food industry restructuring specialist, tells Reuters. The company itself won't survive. Food producers ConAgra and Flowers Food, the American company behind Nature Valley granola, have expressed interest and so has Little Debbie baker McKee Foods. *But another possible bidder hints at the future of Twinkies and maybe the US bakery business as a whole: Mexico s Grupo Bimbo, the world s largest bread baking firm, which already owns parts of Sara Lee, Entenmann s and Thomas English Muffins. Bimbo has already sniffed around the bankruptcy proceedings that have haunted Hostess for a decade, in a bid to further expand its North American portfolio and pad its $4 billion net worth. Bimbo reportedly put in a low-ball bid of $580 million a few years ago, Forbes reports, and may be rewarded for that move since the Hostess kit-and-kaboodle may fetch more like $135 million today. But the big question is whether the same problems that haunted Hostess high sugar prices tied to US trade tariffs, changing consumer tastes, and union pushback against labor concessions will squeeze whatever profit is left in the brands. Especially if a Mexican buyer is involved, production may go the way of the Brach s and Fannie May candy concerns: south of the border. *With US sugar tariffs set artificially high to protect Florida sugar-growing concerns, a non-unionized shop with access to lower-priced sugar in Mexico could be the Twinkie lifeline, economists suggest. On the other hand, if Hostess problem is its legacy delivery system, which is what University of Maryland economist Peter Morici suspects, Bimbo may be able to squeeze profits out of the supply chain while still making Twinkies in the US, albeit probably not in union shops. It may well be that other US producers step into the void and expand their US production, in which case the Hostess liquidation might not be a total loss, says Chris Edwards, an economist with the conservative Cato Institute. For now, the future of 18,500 Hostess jobs are up in the air, and many may never return. As for the Twinkie? It looks like it actually is indestructible. Unions and hostess have agreed to mediation and restarting production. Nearly all of hersheys candy is produced in brazil... hostess could move all production to mexico although transit costs for perishables may be costly. Perishables? Twinkies? maybe some mag lev trains from mexico? |
#7
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The Twinkie: Will it return as a Mexican expat?
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#9
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The Twinkie: Will it return as a Mexican expat?
On 11/22/12 2:16 PM, wrote:
On Thu, 22 Nov 2012 14:40:22 -0500, z wrote: The Twinkie: Will it return as a Mexican expat? What is this obcession with the twinkie. All I see on all newsgroups this week is "twinkie". Who gives a **** that the company overpaid their top executives and forced the company into bankruptcy. Just one less crooked company in this country. Go buy a 50lb bag of sugar and make your own twinkies. That's all they are anyhow is sugar. It isn't really about the product as such. The stubbornness of the one union is more interesting. I don't think of the Teamsters as pushovers. Yet, even they wanted to keep the company going. This one union will cost a lot of people their jobs. Better half a loaf than none at all. |
#10
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The Twinkie: Will it return as a Mexican expat?
On 11/19/2012 9:07 AM, Captain Crunch wrote:
"With US sugar tariffs set artificially high to protect Florida sugar-growing concerns, a non-unionized shop with access to lower-priced sugar in Mexico could be the Twinkie lifeline, economists suggest." And there you have it. Anyone dumb enough to eat Twinkies *deserves* the tooth decay, gum disease, hypertension, myocardial infarctions, tachycardia, diabetes, metabolic syndrome and the big fat ass that comes with it. Sugar is ****ing poison. |
#11
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The Twinkie: Will it return as a Mexican expat?
On Thu, 22 Nov 2012 14:16:40 -0600, wrote:
On Thu, 22 Nov 2012 14:40:22 -0500, z wrote: The Twinkie: Will it return as a Mexican expat? What is this obcession with the twinkie. All I see on all newsgroups this week is "twinkie". Who gives a **** that the company overpaid their top executives and forced the company into bankruptcy. Just one less crooked company in this country. You seem to care enough to lie about the situation. Go buy a 50lb bag of sugar and make your own twinkies. That's all they are anyhow is sugar. Of course you're wrong but that's nothing unusual, either. |
#12
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The Twinkie: Will it return as a Mexican expat?
On Thu, 22 Nov 2012 15:46:55 -0600, Dean Hoffman
wrote: On 11/22/12 2:16 PM, wrote: On Thu, 22 Nov 2012 14:40:22 -0500, z wrote: The Twinkie: Will it return as a Mexican expat? What is this obcession with the twinkie. All I see on all newsgroups this week is "twinkie". Who gives a **** that the company overpaid their top executives and forced the company into bankruptcy. Just one less crooked company in this country. Go buy a 50lb bag of sugar and make your own twinkies. That's all they are anyhow is sugar. It isn't really about the product as such. The stubbornness of the one union is more interesting. I don't think of the Teamsters as pushovers. Yet, even they wanted to keep the company going. This one union will cost a lot of people their jobs. More interesting is that the Teamsters wanted to keep it going, yet their employees won't have any problems finding new jobs. Bakers? Who's going to hire a whiny baker? Better half a loaf than none at all. They're a few slices short of a full loaf, for sure. |
#13
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The Twinkie: Will it return as a Mexican expat?
On Thu, 22 Nov 2012 16:19:05 -0600, Dave wrote:
On 11/19/2012 9:07 AM, Captain Crunch wrote: "With US sugar tariffs set artificially high to protect Florida sugar-growing concerns, a non-unionized shop with access to lower-priced sugar in Mexico could be the Twinkie lifeline, economists suggest." And there you have it. Anyone dumb enough to eat Twinkies *deserves* the tooth decay, gum disease, hypertension, myocardial infarctions, tachycardia, diabetes, metabolic syndrome and the big fat ass that comes with it. Sugar is ****ing poison. Causes brain disease, too, huh? |
#14
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The Twinkie: Will it return as a Mexican expat?
wrote:
On Thu, 22 Nov 2012 14:40:22 -0500, z wrote: The Twinkie: Will it return as a Mexican expat? What is this obcession with the twinkie. All I see on all newsgroups this week is "twinkie". Who gives a **** that the company overpaid their top executives and forced the company into bankruptcy. Just one less crooked company in this country. Hostess did NOT overpay their executives. The company DID try to promote significant bonuses to keep the key players on the job during the liquidation, but that idea was shot down by the bankruptcy judge. |
#15
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The Twinkie: Will it return as a Mexican expat?
The Daring Dufas wrote:
You obviously have no idea of the ridiculous union rules and demands that ran up the cost of doing business for the company as to make it unprofitable and uncompetitive. That's OK, it's your right to believe what you want and to express your opinion whether right or wrong. ^_^ For example, the company had TREAT truck drivers and BREAD truck drivers. Each was prohibited from even touching the others' merchandise. |
#16
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The Twinkie: Will it return as a Mexican expat?
On 11/22/2012 5:56 PM, HeyBub wrote:
The Daring Dufas wrote: You obviously have no idea of the ridiculous union rules and demands that ran up the cost of doing business for the company as to make it unprofitable and uncompetitive. That's OK, it's your right to believe what you want and to express your opinion whether right or wrong. ^_^ For example, the company had TREAT truck drivers and BREAD truck drivers. Each was prohibited from even touching the others' merchandise. You want what? Oh, I'm sorry, I'm the guy who plugs the power cord in. I'll have to call another union guy to unplug it for you. ^_^ TDD |
#17
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The Twinkie: Will it return as a Mexican expat?
My papers say I only have to pull half the plug.
Christopher A. Young Learn more about Jesus www.lds.org .. "The Daring Dufas" wrote in message ... You want what? Oh, I'm sorry, I'm the guy who plugs the power cord in. I'll have to call another union guy to unplug it for you. ^_^ TDD |
#18
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The Twinkie: Will it return as a Mexican expat?
"The Daring Dufas" wrote in message ... On 11/22/2012 2:16 PM, wrote: On Thu, 22 Nov 2012 14:40:22 -0500, z wrote: The Twinkie: Will it return as a Mexican expat? What is this obcession with the twinkie. All I see on all newsgroups this week is "twinkie". Who gives a **** that the company overpaid their top executives and forced the company into bankruptcy. Just one less crooked company in this country. Go buy a 50lb bag of sugar and make your own twinkies. That's all they are anyhow is sugar. You obviously have no idea of the ridiculous union rules and demands that ran up the cost of doing business for the company as to make it unprofitable and uncompetitive. That's OK, it's your right to believe what you want and to express your opinion whether right or wrong. ^_^ Did a bit deeper and you'll find a long list and longer history of dumb management that lead to the demise of the company. If anything the union's actions only moved up the inevitable. |
#19
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The Twinkie: Will it return as a Mexican expat?
"HeyBub" wrote in message m... wrote: On Thu, 22 Nov 2012 14:40:22 -0500, z wrote: The Twinkie: Will it return as a Mexican expat? What is this obcession with the twinkie. All I see on all newsgroups this week is "twinkie". Who gives a **** that the company overpaid their top executives and forced the company into bankruptcy. Just one less crooked company in this country. Hostess did NOT overpay their executives. The company DID try to promote significant bonuses to keep the key players on the job during the liquidation, but that idea was shot down by the bankruptcy judge. So you're saying that the company clearly knew the game was over BEFORE the union went on strike? |
#20
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The Twinkie: Will it return as a Mexican expat?
On 11/23/2012 3:34 PM, NotMe wrote:
"The Daring Dufas" wrote in message ... On 11/22/2012 2:16 PM, wrote: On Thu, 22 Nov 2012 14:40:22 -0500, z wrote: The Twinkie: Will it return as a Mexican expat? What is this obcession with the twinkie. All I see on all newsgroups this week is "twinkie". Who gives a **** that the company overpaid their top executives and forced the company into bankruptcy. Just one less crooked company in this country. Go buy a 50lb bag of sugar and make your own twinkies. That's all they are anyhow is sugar. You obviously have no idea of the ridiculous union rules and demands that ran up the cost of doing business for the company as to make it unprofitable and uncompetitive. That's OK, it's your right to believe what you want and to express your opinion whether right or wrong. ^_^ Did a bit deeper and you'll find a long list and longer history of dumb management that lead to the demise of the company. If anything the union's actions only moved up the inevitable. Oh yea, coup de grce. That makes it OK. ^_^ TDD |
#21
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The Twinkie: Will it return as a Mexican expat?
The Twinkie: Will it return as a Mexican expat?
What is a "Mexican expat"? An "expatriate" is a *person*, and it's sometimes abbreviated "expat". "expat" is also the name of an open-source XML parser. I sure hope Twinkies don't come to life, unless they kill off the zombies. I can only assume that someone writing news doesn't know how to spell "export". Twinkies might reasonably become a Mexican export. Perhaps they can be used as emergency levees when another hurricane is approaching. Just be sure they are marked "Danger: Do Not Eat". |
#22
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The Twinkie: Will it return as a Mexican expat?
On 11/23/2012 7:02 PM, Gordon Burditt wrote:
The Twinkie: Will it return as a Mexican expat? What is a "Mexican expat"? An "expatriate" is a *person*, and it's sometimes abbreviated "expat". "expat" is also the name of an open-source XML parser. I sure hope Twinkies don't come to life, unless they kill off the zombies. I can only assume that someone writing news doesn't know how to spell "export". Twinkies might reasonably become a Mexican export. Perhaps they can be used as emergency levees when another hurricane is approaching. Just be sure they are marked "Danger: Do Not Eat". You may be suffering from H.I.S.I., pronounced "hissy". It stands for (H)umor (I)rony (S)arcasm (I)mpairment. People with that particular mental disease are said to have H.I.S.I. fits and often put on a big display of pseudo-intellectualism about the subject at hand when they fail to see the humor or bizarreness of statements made by someone who is attempting to pull their leg. It's also called The Mr. Data response in some circles. ^_^ TDD |
#23
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The Twinkie: Will it return as a Mexican expat?
NotMe wrote:
Hostess did NOT overpay their executives. The company DID try to promote significant bonuses to keep the key players on the job during the liquidation, but that idea was shot down by the bankruptcy judge. So you're saying that the company clearly knew the game was over BEFORE the union went on strike? No, I did not say that. Why would you insist on putting words in my mouth? I can, however, imagine the following conversation: Director of Operations: "Bill, if the company files for liquidation, I want you to understand I'm outta here. I've already had two offers of employment." CEO: "Charlie, we need you to shepherd the process of the various plants and physical assets. What will it take for you to stay through the final dissolution?" Director of Operations: "At least an additional $300,000." CEO: "I'll see what I can do." Point is, it would cost Hostess FAR more than the $300,000 (or whatever) if certain key employees left before the dust settled. This is not the case for the rank and file. They are nuts and bolts in the corporate machinery and can be replaced off the shelf. |
#24
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The Twinkie: Will it return as a Mexican expat?
"HeyBub" wrote in message
... NotMe wrote: Hostess did NOT overpay their executives. The company DID try to promote significant bonuses to keep the key players on the job during the liquidation, but that idea was shot down by the bankruptcy judge. So you're saying that the company clearly knew the game was over BEFORE the union went on strike? No, I did not say that. Why would you insist on putting words in my mouth? I can, however, imagine the following conversation: Director of Operations: "Bill, if the company files for liquidation, I want you to understand I'm outta here. I've already had two offers of employment." CEO: "Charlie, we need you to shepherd the process of the various plants and physical assets. What will it take for you to stay through the final dissolution?" Director of Operations: "At least an additional $300,000." CEO: "I'll see what I can do." Point is, it would cost Hostess FAR more than the $300,000 (or whatever) if certain key employees left before the dust settled. This is not the case for the rank and file. They are nuts and bolts in the corporate machinery and can be replaced off the shelf. The Director of Operations and the CEO were apparently part of the team that ran this ship aground. They could always hire one or the other liquidation companies (several are coincidently based in DFW) to do the deed for far less money. And yes there are companies that do that sort of work, who are good at the task, are profitable at the game and they typically work for much less than the numbers put out on the raises/bonuses paid to the Hostess management. Again it matters not as the company has been in the toilet for years and as a result of the current management. As a rule of thumb it's not wise to hire the captain who ran the ship aground as the person in charge of the salvage operation. |
#25
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The Twinkie: Will it return as a Mexican expat?
On 11/23/2012 08:29 PM, The Daring Dufas wrote:
On 11/23/2012 9:03 PM, NotMe wrote: In this instance the result would have been the same even if there was no union. Like I said just a bit longer in getting to the end time. Being located in the DFW metro (Hostess is based in Irving TX) area I've watched the games played by Hostess for years. So in your opinion, which I'll respect, Hostess had no chance of a turn around? ^_^ Do you suppose this means the rise of Little Debbie? -- Cheers, Bev ------------------------------------------------------------------- "We need to cut more slack for the stupid; after all, somebody has to populate the lower part of the bell curve." -- Dennis (evil) |
#26
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The Twinkie: Will it return as a Mexican expat?
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#27
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The Twinkie: Will it return as a Mexican expat?
"NotMe" wrote in message ... "The Daring Dufas" wrote in message ... On 11/22/2012 2:16 PM, wrote: On Thu, 22 Nov 2012 14:40:22 -0500, z wrote: The Twinkie: Will it return as a Mexican expat? What is this obcession with the twinkie. All I see on all newsgroups this week is "twinkie". Who gives a **** that the company overpaid their top executives and forced the company into bankruptcy. Just one less crooked company in this country. Go buy a 50lb bag of sugar and make your own twinkies. That's all they are anyhow is sugar. You obviously have no idea of the ridiculous union rules and demands that ran up the cost of doing business for the company as to make it unprofitable and uncompetitive. That's OK, it's your right to believe what you want and to express your opinion whether right or wrong. ^_^ Did a bit deeper and you'll find a long list and longer history of dumb management that lead to the demise of the company. If anything the union's actions only moved up the inevitable. It is merely an exercise in, and an example of, capitalism. Enjoy it, because with the coming socialism, we shall see fewer and fewer of them. Steve |
#28
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The Twinkie: Will it return as a Mexican expat?
"NotMe" wrote in message ... "HeyBub" wrote in message m... wrote: On Thu, 22 Nov 2012 14:40:22 -0500, z wrote: The Twinkie: Will it return as a Mexican expat? What is this obcession with the twinkie. All I see on all newsgroups this week is "twinkie". Who gives a **** that the company overpaid their top executives and forced the company into bankruptcy. Just one less crooked company in this country. Hostess did NOT overpay their executives. The company DID try to promote significant bonuses to keep the key players on the job during the liquidation, but that idea was shot down by the bankruptcy judge. So you're saying that the company clearly knew the game was over BEFORE the union went on strike? I would say they had a petty good idea, and were already scouting new locations. Watch how quickly they rebound, with the load of heavy union pay removed. Just how skilled a worker does it take to make a Twinkie with automated equipment? Steve |
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Posted to alt.home.repair,misc.consumers
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The Twinkie: Will it return as a Mexican expat?
"Kurt Ullman" wrote I disagree. I think they were going for expat because they (erroneously) thought it was a cute headline and hook for the reader. It is clearly a sign of a person who has not traveled much. Steve |
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