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Twinkies maker halting bread operations in Southern California, cutting 1,300 jobs
KC.com ^ | 8/28/07 | JENNIFER MANN

Posted on 08/28/2007 2:20:47 PM PDT by BurbankKarl

Troubled Interstate Bakeries Corp., in bankruptcy since September 2004, early today said it is closing four bread bakeries in Southern California.

The closings will eliminate 1,300 jobs, which besides those in the bakeries, include jobs impacted by route consolidations. Interstate, the maker of iconic Hostess Twinkies, will continue to make and sell snack cakes in Southern California.

In midday over-the-counter trading, Interstate Bakeries shares were up 10 cents, or 9.09 percent, at $1.20.

The company said the pullout was due to lower-cost, non-union competitors, and irrational pricing,

Those factors, combined with high fixed costs, have continued to make the market unprofitable for the Kansas City based baking company, one of the largest in the U.S., and also the maker of Wonder bread.

“Because of the impact on employees and their families, exiting a market is probably the most difficult decision a company can make,” Chief Executive Officer Craig Jung said in a news release. “At the same time, our primary consideration has to be the company’s long-term survival and financial health.”

(Excerpt) Read more at kansascity.com ...


TOPICS: Business/Economy; News/Current Events; US: California
KEYWORDS: carbs; comebackwilliegreen; hostess; interstatebakeries; layoffs; twinkies; unions
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1 posted on 08/28/2007 2:20:50 PM PDT by BurbankKarl
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To: BurbankKarl

Next Little Debbie.


2 posted on 08/28/2007 2:22:28 PM PDT by boomop1 (there you go again)
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To: BurbankKarl

(sniff!) no more deep-fried Twinkies?


3 posted on 08/28/2007 2:23:34 PM PDT by TWohlford
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To: boomop1

Hey I thought there are a lot of Twinkies lovers in Southern CA. Oh, sorry what they have a lot of is lovers of Twinks.


4 posted on 08/28/2007 2:24:25 PM PDT by marlon
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To: BurbankKarl
Not being a fan of twinkies however, the trend will continue as long as the food Nazi’s have their way.
5 posted on 08/28/2007 2:24:28 PM PDT by alice_in_bubbaland (I will respect illegal aliens civil rights, when they respect the sovereignty of the US!)
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To: BurbankKarl

Yet another company deciding that Kali isn’t worth it.


6 posted on 08/28/2007 2:24:33 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: BurbankKarl

California: evil rich bastards, not paying their fare share, blah, blah, blah.

It’s no mystery as to why an increasing number of people don’t want to (or can’t) do business there.


7 posted on 08/28/2007 2:24:46 PM PDT by Jaysun (It's outlandishly inappropriate to suggest that I'm wrong.)
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To: TWohlford
I'm still waiting for their banana creame flavored Twinkies. sigh>

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

8 posted on 08/28/2007 2:25:01 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: boomop1
Nuttie Bars, my favorite.
9 posted on 08/28/2007 2:25:06 PM PDT by alice_in_bubbaland (I will respect illegal aliens civil rights, when they respect the sovereignty of the US!)
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To: BurbankKarl

"Who's heart will I clog now?"

10 posted on 08/28/2007 2:25:31 PM PDT by thefactor
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To: TigersEye

TE, can you pic Frank’s face when I show him this? EFG ~Pandy~


11 posted on 08/28/2007 2:26:17 PM PDT by pandoraou812 ( zero tolerance to the will of Allah ...... dilligaf? with an efg.....)
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To: boomop1

The Mexican BIMBO brand seems to be doing booming business.

12 posted on 08/28/2007 2:26:22 PM PDT by BurbankKarl
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To: BurbankKarl
I thought twinkies were banned after the San Francisco murders .
13 posted on 08/28/2007 2:26:24 PM PDT by kbennkc (For those who have fought for it , freedom has a flavor the protected will never know. F Troop)
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To: boomop1

Rosie is going to starve to death!


14 posted on 08/28/2007 2:27:52 PM PDT by mark3681
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To: BurbankKarl

I wonder how many of BIMBO employees are illegal?


15 posted on 08/28/2007 2:28:11 PM PDT by stephenjohnbanker ( Hunter/Thompson/Thompson/Hunter in 08! "Read my lips....No new RINO's" !!)
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To: BurbankKarl

The locally owned bakery in Dallas saw the writing on the wall, and sold out to Bimbo a few years ago.


16 posted on 08/28/2007 2:29:08 PM PDT by PAR35
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To: boomop1
Next Little Debbie.

No, they definitely use non-union labor.

17 posted on 08/28/2007 2:29:51 PM PDT by PAR35
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To: stephenjohnbanker

Bimbo bought Entenmens and Orowheat in Socal


18 posted on 08/28/2007 2:34:02 PM PDT by BurbankKarl
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To: goldstategop
I'm still waiting for their banana creame flavored Twinkies. sigh

Just had some here in FL. The taste difference between them and the vanilla version is subtle - they didn't use enough banana flavoring.

Too bad, really. Never cared for the vanilla version - too bland. And these are too. My wife, who tolerates bland better than I, didn't care for them either. Never had one, of either flavor, deep fried. Not excited enough about the prospect to exert the effort.

In short, you're not missing anything.

19 posted on 08/28/2007 2:34:50 PM PDT by surely_you_jest (I don't make jokes. I just watch the government and report the facts. - Will Rogers)
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To: BurbankKarl

I guess they didn’t make enough dough.....


20 posted on 08/28/2007 2:35:29 PM PDT by Red Badger (ALL that CARBON in ALL that oil & coal was once in the atmospere. We're just putting it back!)
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