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Today in Labor History

Nov. 14, 1978
Jimmy Carter-era OSHA (Occupational Health and Safety Administration) published standards reducing permissible exposure to lead, protecting 835,000 workers from damage to nervous, urinary and reproductive systems.
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Updated: Nov. 15 (02:05)

Henderson Police Supervisors partner with HPOA
Henderson Police Officers' Association
Hugh Halpern Nominated to Head GPO
cwa-ppmws.org
New Bill Cracks Down on Sky-High CEO Pay
Teamsters local 570
UMass Boston Police Organize Effort to Bring Gifts to 9-Year-Old El Paso Shooting Survivor
El Paso Municipal Police Officers' Association
New Bill Cracks Down on Sky-High CEO Pay
Teamsters Local 355
Local 743 provides free flu shots for members at Bagcraft
Teamsters Local 743
 
     
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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