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Thursday, February 16, 2012

MetroRegion Kansas City News: Hostess Brands Files (Again) For Bankruptcy- Union Prepares to Strike

Hostess Brands Inc.'s executives are at it again- and this time they may completely cook their 'golden goose'....

As reported here at CSW last December- the re-organized company (formerly headquartered here in Kansas City) wasn't paying into their employee's pension plan.

The Hostess's worker's organization- the "Bakery Confections- Tobacco Workers and Grain Millers International Union-" later reported that Hostess Brands HAD come to an agreement to resume paying into the pension- but then the re-organized company again filed for bankruptcy on January 11.

Now- according to this story in the EMPORIA (KS) GAZETTE where one of Hostess's bakeries is located- the union is fed up and threatening to strike.

In addition- Hostess never did pay their share of the pension plan- and continue to take $10 per week from company employee's paychecks to "help the (re-organized Hostess Brands) rebuild."

Too many (management & wealthy?) people badmouth employee unions- but your 'Captain' totally and completely supports the members of the Bakery Confections- Tobacco Workers and Grain Millers International union and wishes the beleaguered employees of Hostess Brands all the best in this deplorable situation. 

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