Hostess Brands and the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union will meet today to discuss the future of the Irving, Texas-based company.
Members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) employed at Irving, Texas-based Hostess Brands Inc. locations across the country began striking on Nov. 9. The company then said it is permanently closing three bakeries nationally in response, and says it has requested bankruptcy-court authorization to close the business and sell its assets.
A recent consumer satisfaction survey indicates that consumers feel better about products from Sara Lee, now a Hillshire Brands company, and Quaker Oats than they did a year ago, but aren’t as crazy about Kraft Foods.
Fast food giant Yum Brands sells its Pizza Hut restaurant chain (with 330 outlets) in the U.K. to London-based venture capitalist firm Rutland Partners.
Members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union employed at Hostess Brands locations across the country began to strike on Nov. 9. The Texas-based company says a widespread strike could cause it to liquidate.
Established by The National Confectioners Association's Confectionery Foundation, the Rockaway Disaster Relief Fund will be accepting donations through Wednesday, Nov. 14.
More than 45,000 packaging and processing professionals and nearly 2,000 exhibitors traveled to Chicago to attend this year’s largest packaging and processing tradeshow.
A restructuring plan scheduled to take effect next year at Kraft Foods’ New Ulm plant is expected to result in the loss of an estimated 90 jobs at the Minnesota facility.
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