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Today in Labor History

Sept. 20, 1878
Upton Sinclair was born in Baltimore, Maryland. Sinclair wrote the 1906 novel The Jungle, which became famous for its vivid portrayal of the unsanitary condition of Chicago meatpacking houses. It was also an indictment of the bosses’ exploitation of workers, political corruption, union corruption, and the abuse of immigrants.
- Voices of Labor

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Updated: Sep. 23 (00:05)

Strike information update #11 - Site trash and Solidarity Sunday
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Hostess Files for Bankruptcy
Updated On: Feb 13, 2012

Company Will Continue to Operate


JAN. 12, 2012 |  A Local 570 employer, Hostess Brands, Inc., announced yesterday it had filed for bankruptcy protection to confront the enormous debt and labor obligations that it claims restricts its ability to compete. It plans to continue operating while it restructures the company. Hostess employs more than 7,500 Teamster-represented delivery drivers and merchandizers; 29 are Local 570 members. The Teamsters National Bargaining Committee has been working with Hostess management for months to identify mutual solutions that would address the company's problems. "Our members have already given at the well, and this time it will take sacrifices among all parties - management, lenders, equity holders and employees – to restructure Hostess into a viable enterprise that is well-positioned for growth," said Denis Raymond, Director of the Teamsters Bakery and Laundry Conference, in an IBT press release. "We were hoping that could have been done prior to a bankruptcy filing, but unfortunately that did not occur. We remain committed to finding a solution, if possible, over the next few months during the bankruptcy process." You can find additional IBT information and news stories here, download a Hostess Member Update here, and take a look at what a retired Hostess Teamster had to say about this latest company development. Update: Teamsters set the record straight on Hostess (1/16)


 
 
Teamsters local 570
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