Site Map Icon
RSS Feed icon
 
 
 

Today in Labor History

Sept. 19, 1981 
Between 400,000 and 500,000 unionists converge on Washington D.C., for a Solidarity Day march and rally protesting Republican policies.

- Union Communication Services

Member Login
Username:

Password:


Not registered yet?
Click Here to sign-up

Forgot Your Login?
  Member Resources  
     
UnionActive Newswire
 
Join the Newswire!
Updated: Sep. 19 (12:43)

A Radical GOP Proposal to Roll Back Worker Protections
Teamsters local 570
A Radical GOP Proposal to Roll Back Worker Protections
Teamsters Local 355
JOB POSTING NB Asst Mstr Mech
Connecticut Fire Equipment Mechanics Association
A Radical GOP Proposal to Roll Back Worker Protections
Teamsters Local 992
The Heritage Foundation: A Think-Tank on a Mission to Destroy the Public Postal Service
Queens Area Local AMERICAN POSTAL WORKERS UNION AFL-CIO
The GOP’s on the verge of passing a bill that will phase out Medicaid in its entirety
Queens Area Local AMERICAN POSTAL WORKERS UNION AFL-CIO
 
     
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
Copyright © 2017, All Rights Reserved.
Powered By UnionActive™

627532 hits since May 20, 2010
Visit Unions-America.com!

Top of Page image