Twinkies Maker Hostess Going Out of Business, CEO Blames Union Strike | NBC 5 Dallas-Fort Worth.
Gregory Rayburn CEO of Hostess has announced closure of the entire corporation, and intent to sell off the assets to the highest bidder.
The decision to close came after insufficient numbers of workers heeded the deadline to return to work on Thursday.
Rayburn said that if he could not get production close to normal levels he would have to shut down.
This means that 18000 more workers across the U.S. are entering Obamaville, and dependency on the government.
Congrat’s to the Unions who thought that no job was better than a job with reduced pay and benefits, for a company that was struggling to survive.