Tuesday, November 13, 2012

Hostess Shutting Down 3 Bakeries After Strikes

Hostess Brands has announced that it will be closing three of it's bakeries.

The company will be closing facilities in St. Louis, Seattle, and Cincinnati.

Around thirty percent of the company's workforce went on strike, earlier this month, and the company warned that this might be a result.

Currently, the company is going through it's second stretch of Chapter 11 protection, within the last decade.

Officials in the company warned the union to not do anything while the company's financial position was unstable.

Six hundred and twenty-seven people worked at the three facilities being shut down.

Over eighteen thousand people are employed by Hostess Brands, in it's thirty-six facilities across the country.

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