Hostess to close, cites nationwide worker strike - Tucson News Now

Hostess to close, cites nationwide worker strike

IRVING, Texas (AP) - Hostess Brands says it is going out of business, closing plants that make Twinkies and Wonder Bread and laying off all of its 18,500 workers.

The Irving, Texas, company says a nationwide worker strike crippled its ability to make and deliver its products at several locations.

Hostess had warned employees that it would file a motion in U.S. Bankruptcy Court to unwind its business and sell assets if plant operations didn't return to normal levels by Thursday evening.

The privately held company filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Trending StoriesTrending StoriesMore>>

  • 3 more arrests in Manchester; London tourist sites protected

    3 more arrests in Manchester; London tourist sites protected

    Wednesday, May 24 2017 7:35 AM EDT2017-05-24 11:35:16 GMT
    Wednesday, May 24 2017 7:35 AM EDT2017-05-24 11:35:16 GMT

    The government Tuesday night raised the threat to "critical", its highest level, following an emergency Cabinet session.

    The government Tuesday night raised the threat to "critical", its highest level, following an emergency Cabinet session.

  • Pregnant teen blocked from walking at graduation

    Pregnant teen blocked from walking at graduation

    Wednesday, May 24 2017 2:45 AM EDT2017-05-24 06:45:22 GMT
    Wednesday, May 24 2017 2:45 AM EDT2017-05-24 06:45:22 GMT

    The school principal says the student and her parents signed a covenant, vowing the teen wouldn’t have sex.

    The school principal says the student and her parents signed a covenant, vowing the teen wouldn’t have sex.

  • Graco to recall 25,000 child car seats

    Graco to recall 25,000 child car seats

    Wednesday, May 24 2017 6:29 AM EDT2017-05-24 10:29:58 GMT
    Wednesday, May 24 2017 6:44 AM EDT2017-05-24 10:44:36 GMT

    The seat webbing may tear, not adequately restraining the child in a crash, according to testing by the Naitonal Highway Transportation Safety Administration.

    The seat webbing may tear, not adequately restraining the child in a crash, according to testing by the Naitonal Highway Transportation Safety Administration.

Powered by Frankly