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2012: TWINKIES A THING OF THE PAST? HOSTESS BRANDS INC FILES FOR BANKRUPTCY

11 Jan

Hostess Brands, Inc. announced its plans to file for Chapter 11 bankruptcy protection.  The maker of the popular treat Twinkies also makes well-known products like Wonder Bread and Ding Dongs.

While the previous owner went through a previous bankruptcy process only a few years ago, they claim they are still unable to stay afloat.  Hostess Brands blames the filing on the economy and the inability to come to terms with unions, on reducing pension and other labor costs.

I’m not sure about the general population, but I can’t remember the last time I ate a Twinkie or Suzy-Q.  As a kid eating them was a weekly event, but with the health and fitness explosion, many have likely stayed away from the sugar filled sweets. 

For sentimental reasons, it would still be a sad day if we lose another long-time favorite.  We already heard about Kodak filing for bankruptcy protection last week.

Hopefully they will hang on to keep their junk food legacy alive for future generations…everyone needs a guilty pleasure.  What would the world be without a Twinkie?:).

 
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Posted by on January 11, 2012 in HEADLINE NEWS

 

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