An End to Twinkies: What Do You Think?
Hostess is going out of business, taking its popular baked goods and thousands of jobs with it. We want to hear your thoughts on the news, Tampa Bay!
Fans of Hostess Twinkies, Ho Ho’s and Ding Dongs are going to have to find new fixes before much longer. The Texas-based company has announced that it plans to call it quits.
The move comes on the heels of a national worker strike and may impact an estimated 18,500 jobs across America. The company filed for Chapter 11 bankruptcy protection earlier this year.
“Hostess Brands is unprofitable under its current cost structure, much of which is determined by union wages and pension costs,” a company press release stated, according to the Huffington Post.
On its website, Hostess has this to say: "We are sorry to announce that Hostess Brands, Inc. has been forced by a Bakers Union strike to shut down all operations and sell all company assets."
Hostess Twinkies have been an American mainstay for more than 80 years. The company is also responsible for the creation of Wonder Bread, Dolly Madison snacks and Sno Balls.
While the Huffington Post says the Twinkie brand will go up for sale, it remains unclear how much longer Hostess products will remain on grocery store shelves or how soon a buyer will step forward to bring the popular snack food back to the market.
What do you think about this news, Tampa Bay? What Hostess products will you miss the most? What do you think about the company’s stated reasons for closing? Share your thoughts in the comments section.