RIP Twinkies, we hardly knew ye.

[Love Child]

Ding Dong.

[username]

Fuck Twinkies!

I had a bad experience with a Twinkie once so I'll second that.

Only you could have a bad experience with a Twinkie.

LIAR!! I doubt I'm the only person who has bit into a Twinkie and found the creamy goodness inside a horrible shade of green.

[Duchess]

YuckYuckYuck

[username]

I was about 10. I swore off Twinkies forever.

[Jimbone]

I'm sure they were just the Shamrock Twinkies for St. Paddy's Day and you are overreacting.

[QueenBee]

Have eaten exactly one twinkie in my life. That was about 40 years ago. So, I will not miss them. But may go out tomorrow to buy a couple packages of HoHo's.
Talked with the lady behind counter where I stopped to buy a paper. She told me a guy came and bought out most of their stock. $30 worth of sugary crap. Hope he doesn;t eat it all at once.

[Duchess]

I was mocking all the people frantically running around buying up twinkies & other Hostess products and someone had the nerve to say, "what would you be doing if your favorite Breyers ice cream were no longer going to be made". Hmmph.

[Jimbone]

I was mocking all the people frantically running around buying up twinkies & other Hostess products and someone had the nerve to say, "what would you be doing if your favorite Breyers ice cream were no longer going to be made". Hmmph.

I'd calmly say, "Well, I suppose I'd keep eating Turkey Hill ice cream because it's better than Breyer's anyway."

[SIXFOOTERsez]

BIMBO may come along and rescue twinkies from their broken home

http://worldnews.nbcnews.com/_news/2012/...nkies?lite

Mexican company Bimbo may be eyeing Twinkies
By Adrian Carrasquillo, NBC Latino
November 18, 2012, 7:05 am

Joe Raedle / Getty Images The Hostess family: Twinkies, Golden Cup Cakes and Zingers. Hostess Brands Inc. will liquidate its business after striking workers with the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union did not come to an agreement with company management.

Next week may be Black Friday but sweets lovers across the nation hung their heads in sorrow on a dark Friday yesterday as Hostess announced they would cease making their line of products, which include the iconic Twinkies brand, because of the Bakers Union Strike.

But now as the brand heads towards liquidating and selling off their assets, a Mexican company may be angling to resurrect the golden Twinkies.

Read the original story at NBC Latino

According to the Christian Science Monitor, while food producers ConAgra and Flowers Food, the American company behind Nature Valley granola, have expressed interest along with Little Debbie baker McKee Foods, Mexico’s Grupo Bimbo may hold the inside track.

Grupo Bimbo is the world’s largest bread-baking firm, which already owns parts of Sara Lee, Entenmann’s and Thomas English Muffins and previously made what was considered a low-ball offer of $580 million a few years ago, Forbes reports. Now Hostess may only be worth $135 million.

Economists say high sugar prices tied to US trade tariffs were a big reason Hostess was struggling, but a Mexican company could be a lifeline for Twinkies because it would be able to take advantage of access to lower-priced sugar in Mexico.

While Hostess was clearly struggling, analysts believed Grupo Bimbo had an eye on them since the early 2000s because they saw Hostess as a key ingredient for North American expansion with delivery routes that penetrated across the country into convenience stores, gas stations and grocery markets, according to Forbes.

Daniel Servitje Montull runs Grupo Bimbo, which was founded by his family in 1954. His family is worth $4 billion.

Servitje Montull, has already worked magic before, taking on Mexico’s tortilla market and positioning white bread in Latin America.

If Grupo Bimbo pulls off a deal with Hostess for Twinkies, his next challenge will be resurrecting an American favorite.

[RaisingAPrince]

We just happened to be at the grocery store on Friday and my son was asking for some Hostess Cup Cakes. I figured I may as well....so we ended up leaving the store with this...



Damn impulse buys.

Seriously though, it sucks all those people lost their jobs but I think in this economy I would have taken the pay cut and kept my job as opposed to losing it altogether. Who knows what I'd do if I were in the situation though.

[HairOfTheDog]

Update in today's business news:

Snipped:
The company said in court that it's in talks with 110 potential buyers for its brands, which include CupCakes, Ding Dongs and Ho Hos. The suitors include at least five national retailers such as supermarkets, a financial adviser for Hostess said. The process has been "so fast and furious" Hostess wasn't able to make its planned calls to potential buyers, said Joshua Scherer of Perella Weinberg Partners.

"Not only are these buyers serious, but they are expecting to spend substantial sums," he said, noting that six of them had hired investment banks to help in the process.

The update on the sale process came as Hostess also received approval to give its top executives bonuses totaling up to $1.8 million for meeting certain budget goals during the liquidation. The company says the incentive pay is needed to retain the 19 corporate officers and "high-level managers" for the wind down process, which could take about a year.

Although Hostess was able to reach a new contract agreement with its largest union, the Teamsters, the bakers union rejected the terms and went on strike Nov. 9. Hostess announced its plans to liquidate a week later, saying the strike crippled its ability to maintain normal production.

In court Thursday, an attorney for Hostess noted that the company is no longer able to pay retiree benefits, which come to about $1.1 million a month. Hostess stopped contributing to its union pension plans more than a year ago.

Full story:
http://t.money.msn.com/business-news/new...d=15844759
============================
Wonder and Devil Dogs are amongst the potential buyers.

I believe that I'm in the minority here at Mock, but this case demonstrates why I support outsourcing as a necessity for some American companies to continue to exist. Imo, outsourcing is preferable to dissolution for many reasons that benefit the US economy. Not a lot of companies could garner so much interest as Hostess from potential American buyers at this stage (analysts attribute the interest, in part, to "nostalgia" over the products).

The Bakers Union's demands and Hostess's inability to meet them and remain profitable are examples of the challenges faced by large American business owners and enterprises, particularly in manufacturing/production operations. However, it appears very clear that continuous organizational mismanagement contributed significantly to Hostess's liquidation as well.

We need cross the board business tax reforms and also to take a good hard look at which/whether labor unions are required today. If we (America, collectively) can't bridge the gap between their goals and those of management, American companies will rightly continue to outsource labor in order to stay afloat and/or realize a decent profit margin. All JMO...

[NightOwl]

Would you like to make your own home made Twinkies? well I couldn't believe it Toledo Blade has the story and a recipe.

I have made my own English Muffins already but, when Thomas started using unbleached flour why bother. Muffins were simple compared to this long drawn out Twinkie recipe. Let's hope Thomas or Bimbo take over Twinkie, bring back a far better product than the old one.

http://www.toledoblade.com/Food/2012/12/...ecipe.html

[HairOfTheDog]

The Twinkies are coming! The Twinkies are coming!

They're making a comeback soon.

Some retailers requested frozen Twinkies for inventory purposes and so that they could date stamp them for freshness. The new owner, Metropoulos & Co., will be accommodating this request.

Hope the freezing process doesn't detract from the product's nutritional value.



Last month it was announced that Twinkies would be back on shelves by July 15.

[Duchess]

The Twinkies are coming! The Twinkies are coming!

[Maggot]

Cockroaches will be eating twinkies years after the bomb goes off.

[Carsman]

Hostess brands, the maker of Twinkies, also made "Wonder Bread", my favorite white bread.

Sure hope the new company, also makes Wonder Bread again!

[HairOfTheDog]

Hostess brands, the maker of Twinkies, also made "Wonder Bread", my favorite white bread.

Sure hope the new company, also makes Wonder Bread again!

PB&J on white Wonder Bread.

Flower Foods was all set to buy Wonder Bread and reintroduce it to store shelves.

But, then...as reported by CNN Money in May:

Antitrust enforcers are scrutinizing Flowers Foods’ deal to buy the iconic white bread and most of the other Hostess bread brands, The Post has learned.

Flowers, the nation’s second-biggest baker, has received a second request for more information from the Department of Justice — an indication that regulators are taking a close look at the $360 million deal, two sources close to the situation said.

Haven't seen any updates since then.

[nrkerr]

I was at the store on Saturday, and saw the stand with the Twinkies. I wasn't even thinking about them, until I saw it. It was like it was surrounded by golden light. I bought them, and my children and I ate some.

Delicious, but I know I am going to hell for eating them.

^^Did I spell that right?

[Duchess]

Delicious? Yes, you did & yes, they are. I haven't eaten one in many years.

[Cynical Ninja]

It makes me laugh when yanks mock English food then stuff their face with processed chemical ridden poison like twinkies.

Some of the chemicals and additives in food that are legal in the US are like rat poison.