Via Jacksonville Business Journal:
Former employees of Hostess Brands Inc. are now hoping that a buyer will save pieces of the liquidating company and put them back to work.
Hostess set a 5 p.m. Nov. 15 deadline for workers involved in a union-organized strike to return to work. The company warned that if the ongoing labor strike continued it would force the company into liquidation, and it wasn’t bluffing — having announced plans to liquidate and lay off 18,000 employees.
But now those that are out of work, including nearly 200 in Jacksonville, are hoping that someone will buy the popular Hostess products and reproduce them, the Wall Street Journal reports.
Frank Hurt, president of the Bakery, Confectionery, Tobacco Workers and Grain Millers union, told the WSJ he was comforted by the rush of consumers to purchase Twinkies and other products for fear the popular brands will go away.
“People are going crazy because they think they’re not going to be able to get any Twinkies or Ho Hos or Wonder Bread,” he told the WSJ. “They’ll be produced somewhere, some time and by our members.”