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Mexican Company and Twinkies: Bimbo Bear Searching for Cream Filling? (VIDEO)
The Christian Post ^ | November 18, 2012 | Brittney R. Villalva

Posted on 11/18/2012 4:27:01 PM PST by 2ndDivisionVet

The Hostess brand is heading to the auction block, following an announcement that the company would be shutting down. But that may not mean an end to Twinkies. A Mexican company called Bimbo, which is credited as being the largest bread maker in the world, may have plans to buy the brand.

Grupo Bimbo is no stranger to acquiring foreign companies. With other baking goods companies like Mrs. Baird's Bakeries and Sara Lee already under his belt, Daniel Servitje who runs Bimbo, has already shown interest in Hostess in the past. The Bimbo company attempted a deal in 2007 during which time Hostess was also facing bankruptcy, but the deal fell through. Bimbo is also responsible for stocking grocery stores with familiar items like Entenmann's and Thomas' English Muffins.

According to Forbes, Bimbo posted a profit of over $3 billion in sales almost a decade ago and that number has more than doubled since. Bimbo's interest in the Hostess brand has been ongoing, according to Forbes, which reported that the company's interest began even before 2007, based on market analyst research.

"In the early 2000s, analysts widely speculated that Bimbo thought Hostess a key ingredient for North American expansion with delivery routes that penetrated across the country into convenience stores, gas stations and grocery markets," Forbes has reported...

(Excerpt) Read more at global.christianpost.com ...


TOPICS: Business/Economy; Food
KEYWORDS: bankruptcy; economy; layoffs; mexico
How in the world did we become a superpower?
1 posted on 11/18/2012 4:27:17 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

They already made Sara Lee and Mrs. Bairds into BMBO, now Hostess too? Those pimps!! They’ll probably go after Little Debbie some day!

.....

The US has artificially high sugar prices, government barrier. I don’t think they use corn syrup in baked goods.


2 posted on 11/18/2012 4:30:10 PM PST by GeronL (http://asspos.blogspot.com)
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To: 2ndDivisionVet

I think you should be asking, how do we continue to be a superpower, instead. Leave the blackboard-theory stuff to the eggheads.


3 posted on 11/18/2012 4:31:07 PM PST by 1rudeboy
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To: GeronL

Actually, now that you mention it . . . if Bimbo moves the production to Mexico, it will probably use real sugar. I look forward to it (not being a Hostess fan in the past).


4 posted on 11/18/2012 4:33:11 PM PST by 1rudeboy
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To: 2ndDivisionVet
Bimbo Bear Searching for Cream Filling?

And The Jokes Just Write Themselves...

5 posted on 11/18/2012 4:34:47 PM PST by Old Sarge (We are officially over the precipice, we just havent struck the ground yet...)
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To: 2ndDivisionVet

How long will this thread go on without a Sandra Fluke/Bimbo reference? I give it less than 5 more posts.


6 posted on 11/18/2012 4:39:32 PM PST by barmag25
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To: barmag25

I give it -1 more posts.


7 posted on 11/18/2012 4:41:08 PM PST by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: 2ndDivisionVet

In other words, this was all a big kabuki play to allow the owners to move the company to Mexico (by letting the brands get bought). American workers lose jobs and we get to blame them for their greed. Americans start getting even lower quality Twinkies. And a small group of people get to walk away with a huge bag of cash.


8 posted on 11/18/2012 4:41:56 PM PST by Bryanw92 (Sic semper tyrannis)
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To: 2ndDivisionVet
Bimbos and Twinkies?


9 posted on 11/18/2012 4:42:04 PM PST by ConservativeStatement (Smile on Dems: Ignorance is bliss.)
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To: 2ndDivisionVet

So then we can expect some Bimbo eruptions on our grocery store shelves.


10 posted on 11/18/2012 4:44:41 PM PST by Uncle Chip
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To: 2ndDivisionVet
I see this truck every day on 95 south...

Now I know what its all about. Never heard of Bimbo cakes.

11 posted on 11/18/2012 4:46:20 PM PST by jaz.357 ( *Luke 6:43-45* Twas Ever Thus!)
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To: 2ndDivisionVet

I’m hearin’ that great suckin’ sound a certain presidential candidate (who I didn’t like) predicted...


12 posted on 11/18/2012 4:49:58 PM PST by miss marmelstein
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To: Bryanw92

<- - - OWS is that way


13 posted on 11/18/2012 4:51:32 PM PST by 1rudeboy
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To: 2ndDivisionVet

Well, let’s hope Mexican snack cake makers are better than their friends in the candy business:

http://www.bad-candy.com/candies/cajetas/

http://www.bad-candy.com/candies/saltidos/

:-)


14 posted on 11/18/2012 4:51:44 PM PST by DemforBush (100% Ex-Democrat.)
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To: Bryanw92
Hostess has posted a loss, primarily due to the Unions - but aggravated by various other costs. Increasing taxes, increasing costs in energy (fuel costs, heating, cooling and distribution related). The Union strikes were just the straw that broke the camel's back.

Bimbo, likely doesn't have the unions in a position to dictate the profits they make. This allows them to consume break companies (like Mrs. Bairds) and stock local grocery stores with a quality product, at a reasonable price.

If this goes through, I foresee no drop in either availability or quality of the Twinkie product. It will very likely be made at the same bakeries, on the same equipment, with the same ingredients, hauled on the same trucks and will be delivered to your store at the same price. Just now, the profits and business plans will be managed by Bimbo, rather than some union thugs.

15 posted on 11/18/2012 4:52:13 PM PST by Hodar (A man can fail many times, but he isn't a failure until he begins to blame somebody else.- Burroughs)
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To: 2ndDivisionVet

No thanks to Mexican treats. Way to dry


16 posted on 11/18/2012 4:56:54 PM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: 2ndDivisionVet

I wouldn’t purchase a twinkie after this no matter who makes them. The same way I will NEVER own GM product the rest of my life.


17 posted on 11/18/2012 5:31:05 PM PST by Pilated
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To: 2ndDivisionVet

Bimbo just opened up a new facility in Topeka, so its not all made south of the border.


18 posted on 11/18/2012 5:50:51 PM PST by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
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To: Old Sarge

The company has stressed in advertising that it’s pronounced “BEEM-bo”

http://throwgrammarfromthetrain.blogspot.com/2010/04/just-say-beembo.html

>>the sticky-note coupon on the front of this morning’s Boston Globe got my attention: “$1.00 Off 2 Bimbo Products,” it promised. It sounds like something Hugh Hefner might be hawking, but instead of a bunny, the artwork showed a fluffy white bear, chef-hatted and cheerful, about to attack a sandwich. And below was the pronunciation key: “Say ‘Beembo!’”
Say what? Well, the answer was easy enough to find. Bimbo Bakeries, a company founded in Mexico, is not only expanding in the US market but owns many old familiar brands...
And about the name: “The official version has it that the name Bimbo, coined in 1945 ... was chosen because the company thought it competed well with the existing Bambi and Dumbo brands in Mexico. In addition, the innocent, childlike name went well with the brand image they wanted to build.” The OED lists bimbo as equivalent to the Italian bambino, “child.” It has cites for bimbo as a contemptuous word for “fellow” from 1919 to 1947 (in P.G. Wodehouse); for “a woman; esp. a whore” from 1929 to 1952; and for an attractive but dumb young woman (”now the usual sense”) from 1927. So, “say Beembo” … will that tagline help us all suppress the snicker reflex? Well, apparently our friends in the Southwest and West have been getting acquainted with Bimbo for a while now.


19 posted on 11/18/2012 5:55:25 PM PST by raccoonradio
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To: 2ndDivisionVet

Where do folks in Mexico get all that money?


20 posted on 11/18/2012 6:11:31 PM PST by rusureitflies? (A person becomes a lost fool when they reject the Holy Spirit.)
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To: 2ndDivisionVet

Bimbo makes a junk food delicacy that I adore: Bimbunuelos. They are crispy and sugary and have no nutritional value whatsoever.


21 posted on 11/18/2012 6:29:13 PM PST by La Lydia
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To: raccoonradio

Just look around you and see the Brownberry trucks in the Chicago area. They sell Thomas English muffins as well as Brownberry Bread and Arnold’s Thins and those other products mentioned above. Their products are baked right here in the Chicago area, and the route drivers are self employed and can buy or sell their stores as needed. And Im not Mexican, by the way. My family came to this country on the Mayflower in 1620.


22 posted on 11/18/2012 6:35:33 PM PST by MondoQueen
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To: rusureitflies?
Where do folks in Mexico get all that money?

It's sent to them from their relatives who work in the USA...

You supply the descriptive adjectives...

23 posted on 11/18/2012 6:42:49 PM PST by NoCmpromiz (John 14:6 is a non-pluralistic comment.)
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To: rusureitflies?

Oil, manufacturing, pharmaceuticals, tequila, etc. It’s not really a poor country.


24 posted on 11/18/2012 6:46:10 PM PST by 2ndDivisionVet (You cannot invade the mainland United States. There would be a rifle behind every blade of grass.)
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To: 2ndDivisionVet

Could you just see the following Bimbos, Twinkies, Ho-Hos, Ding Dongs and Snowballs. talk about something really sad about he state of morals in the US. Mexico owns the bakeries of the world, the Chinese will produce the Jaguars and Land Rovers by a knock off company called Chery. what is next Fords will be produced in a city called Green Bay )french for Bay of stinking water)?

Please how surreal is this world to become.


25 posted on 11/18/2012 6:50:01 PM PST by hondact200 (Candor dat viribos alas (sincerity gives wings to strength) and Nil desperandum (never despair))
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To: 2ndDivisionVet
In Mexico Bimbo is already owner of the Wonder label, and makes and distributes Hostess products through it:


26 posted on 11/18/2012 9:07:08 PM PST by Moose Burger
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To: 2ndDivisionVet

Had our Goodbye to Hostess party here today. With grandkids, we nearly polished off four boxes. They’ll be happy to learn that now we can maybe have a “their back” celebration!


27 posted on 11/18/2012 10:07:45 PM PST by grame (May you know more of the love of God Almighty this day!)
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To: 1rudeboy
"Actually, now that you mention it . . . if Bimbo moves the production to Mexico, it will probably use real sugar. I look forward to it (not being a Hostess fan in the past)."

Yes, one of the things Mexico actually does right, is they use real cane sugar. Ever had a Mexican Coke? Delicious. And Mexican Squirt uses real grapefruit juice, too. You can see the pulp on the bottom.

28 posted on 11/18/2012 10:52:46 PM PST by boop ("I need another Cutty Sark"-LBJ)
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To: 2ndDivisionVet

November 19, 2012 4:00 A.M.
Revenge of the Mediterranean Man
He’s on the march in Europe and North America.

By Michael Knox Beran

Across the ocean in North America, Latino refugees from broken Mediterranean-style economies in Latin America are pushing politicians in the United States to redistribute more of North America’s wealth. In California, the Latino diaspora was instrumental in securing higher taxes on the gringo rich; President Obama himself has called on Americans to cast ballots for “revenge” against the prosperous.

http://www.nationalreview.com/articles/333637/revenge-mediterranean-man-michael-knox-beran


29 posted on 11/19/2012 7:09:12 AM PST by KeyLargo
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