No more hostess Twinkies:(

[Lyon Wonder]

Hostess is now officially the ROCK ISLAND of junk food snack companies 

So if anyone wants Twinkies they better buy them now since Hostess is getting liquidated.

http://www.chicagotribune.com/business/breaking/chi-hostess-brands-seeks-court-permission-to-liquidate-20121116,0,3175964.story

Hostess Brands on Friday received a court order for an expedited hearing on its request to
liquidate.

The hearing on liquidation request is scheduled for 2 p.m. Eastern time Nov. 19, in bankruptcy court in White Plains, N.Y.

The bankrupt maker of Twinkies and Wonder Bread, said it had sought court permission to go out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers.

Hostess, which has about $2.5 billion in sales from a long list of iconic consumer brands of snack cakes and breads said it had suspended operations at all of its 33 plants around the United States as it moves to start liquidating assets.

"We'll be selling the brands and as much of the infrastructure as we can," said company spokesman Lance Ignon. "There is value in the brands."

Hostess said a strike by members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union that began last week had crippled its ability to produce and deliver products at several facilities, and it had no choice but to give up its effort to emerge intact from bankruptcy court.

The Irving, Texas-based company said the liquidation would mean that most of its 18,500 employees would lose their jobs.

In the Chicago area, Hostess employs about 300 workers making CupCakes, HoHos and Honey Buns in Schiller Park. Hostess also has a bakery in Hodgkins, where 325 workers make Beefsteak, Butternut, Home Pride, Nature's Pride and Wonder breads.

Hostess spokesman Tom Becker confirmed that Hostess plants have closed, and the local factories in Hodgkins and Schiller Park ran their last production Friday morning. The company also has a plant in Peoria.

Calls to the Hodgkins and Schiller Park plants were not answered.

"I don't think it's a stretch to say there's a lot of sadness today," Becker said, adding that "18,500 people had jobs yesterday and knew they weren't going to have jobs anymore when they woke up today," referring to Hostess' total employee base.

"It's an extremely difficult decision for the company to have to make to shut down but unfortunately without the full involvement of its employees at the bakery, the company was unable to continue."

A statement on the Hostess Brands website begins with "Hostess Brands is closed."

[NE2]

Romney would have saved them.

[empirestate]

Hostess is now officially the ROCK ISLAND of junk food snack companies 

So if anyone wants Twinkies they better buy them now since Hostess is getting liquidated.

Whaddaya mean no more Twinkies? You quoted right within your post:

"We'll be selling the brands and as much of the infrastructure as we can," said company spokesman Lance Ignon. "There is value in the brands."

Surely you don't think they won't find a buyer for the Twinkies brand???

[corco]

Wait, so a business that relies on hundreds of distribution centers, razor thin profit margins, a lot of shipping,  a declining market segment, and had already recently undergone bankruptcy went under?



Yeah, the union definitely expedited this, but Hostess was going under no matter what.

[Mr_Northside]

Surely you don't think they won't find a buyer for the Twinkies brand???

That's what I've been thinking as well as this "situation" has unfolded.  Someone will buy the rights to the "Twinkie" and make that shit.  Then there will be eternal debate among Twinkie aficionados about them being better/worse/same.

[rickmastfan67]

Picked up two 10-count boxes the other day, mainly just for the fun of it since I hadn't had a Twinkie in ages after I head about this.  Too bad it had to come to this.

[pianocello]

Surely you don't think they won't find a buyer for the Twinkies brand???

That's what I've been thinking as well as this "situation" has unfolded.  Someone will buy the rights to the "Twinkie" and make that shit.  Then there will be eternal debate among Twinkie aficionados about them being better/worse/same.

Until then, they'll run for $20-50 on eBay.

[AsphaltPlanet]

The Twinkie brand is controlled by another company in Canada, so you'll just have to drive north to get your sugar fix.

This fact actually made the 6 o'clock news the other night.

[NJRoadfan]

That's what I've been thinking as well as this "situation" has unfolded.  Someone will buy the rights to the "Twinkie" and make that shit.  Then there will be eternal debate among Twinkie aficionados about them being better/worse/same.

Lets hope whoever buys the rights decides to finally make and sell Chocodiles on the east coast. (Chocolate covered Twinkies)

[bugo]

That's what I've been thinking as well as this "situation" has unfolded.  Someone will buy the rights to the "Twinkie" and make that shit.  Then there will be eternal debate among Twinkie aficionados about them being better/worse/same.

Lets hope whoever buys the rights decides to finally make and sell Chocodiles on the east coast. (Chocolate covered Twinkies)

And Golden Cupcakes. 

[Alps]

The cynic in me wants to believe that someone, somewhere will find a way to make these little snack cakes with natural ingredients.

[roadman]

That's what I've been thinking as well as this "situation" has unfolded.  Someone will buy the rights to the "Twinkie" and make that shit.  Then there will be eternal debate among Twinkie aficionados about them being better/worse/same.

For the heck of it, I decided to try a Twinkie a couple of years ago (hadn't had one since I was a kid).  IMO, not nearly as good as they used to be, so I don't see much debate on the matter.

What I'm sad to see go, and are far less likely to be picked up by another snack food maker, are Drakes Yankee Doodles (and Sunny Doodles).  Unlike Twinkies, those have retained their basic recipe - and overall quality - over the years.

[roadman]

The cynic in me wants to believe that someone, somewhere will find a way to make these little snack cakes with natural ingredients.

But then they won't have a 100 year shelf life (or survive an atomic blast).

Disclaimer - yes, I know that's not true.  Wonder if the folks hoarding cases and cases of Twinkies for resale on eBay (at last check, there were almost 17,000 entries under "Twinkies" - the majority being the actual product) are aware of the short shelf life.

[Brandon]

The cynic in me wants to believe that someone, somewhere will find a way to make these little snack cakes with natural ingredients.

But then they won't have a 100 year shelf life (or survive an atomic blast).

They never could anyway.  They last 25 days.  I know, I've picked up a number of them from under grocery gondolas when i was working my way through college.  Twinkies do in fact grow mold.

[Beltway]

They're fattening, and for that reason I don't have good memories about them.  I am at BMI 25 now, BTW.

[6a]

The cynic in me wants to believe that someone, somewhere will find a way to make these little snack cakes with natural ingredients.

But then they won't have a 100 year shelf life (or survive an atomic blast).

They never could anyway.  They last 25 days.  I know, I've picked up a number of them from under grocery gondolas when i was working my way through college.  Twinkies do in fact grow mold.

Yes, indeed. Twinkies are actually one of the worst pastries as far as shelf life is concerned (I work in vending).

[roadman65]

I used to work in vending, and I can tell you you had to keep an eye out for them as they do spoil fast.

Incedently, I bought my last cupcake and Snoball in Walgreen's yesterday.  Even though it is bad for me, what the heck.  I will never see it again.  Another American pastime gone.

[6a]

The cynic in me wants to believe that someone, somewhere will find a way to make these little snack cakes with natural ingredients.

If Bimbo buys them, which I'm tending to bet on, that would probably happen. Sugar is waaaaaay cheaper in Mexico because of stupid US tariffs.

[Brandon]

The cynic in me wants to believe that someone, somewhere will find a way to make these little snack cakes with natural ingredients.

If Bimbo buys them, which I'm tending to bet on, that would probably happen. Sugar is waaaaaay cheaper in Mexico because of stupid US tariffs.

Bimbo already makes them for the Mexican market as it is.

[bugo]

The BMI is bullshit.  According to it, many pro athletes would be considered "obese." 

[deathtopumpkins]

I don't understand all these people moaning about "the last Twinkie ever!". Surely a brand with that much recognition will be acquired by another company, which will then start selling Twinkies again.
As for the question of 'new Twinkies' tasting the same... were Twinkies ever good in the first place?

EDIT: Saw this on the news just now: http://www.boston.com/business/news/2012/11/18/twinkies-likely-survive-sale-hostess/40EWYqdWkI2jInOXPeD1iM/story.html?p1=Well_MostPop_Emailed5

[roadman]

They never could anyway.  They last 25 days.  I know, I've picked up a number of them from under grocery gondolas when i was working my way through college.  Twinkies do in fact grow mold.

Better check the batteries in your sarcasm meter.

[Special K]

The BMI is bullshit.  According to it, many pro athletes would be considered "obese."

Was never meant to be an indicator of a "healthy" body composition.

[Henry]

Sad day for America

[Beltway]

The BMI is bullshit.  According to it, many pro athletes would be considered "obese." 

A BMI of 25 is a normal weight, i.e. not overweight.