Mike Hummell says the men and women who made the iconic baked goods at Hostess Brands’ Lenexa, Kan., plant turned out quality products and “it was something everyone who worked there had a lot of pride in.”
That was until years of mismanagement coupled with unprecedented corporate greed bankrupted the company, stole the workers’ pensions and closed dozens of bakery plants’ doors in November. In this video, Hummell, a 14-year veteran of Hostess, and other members of Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM) Local 218, say they want to set the record straight.
As part of its liquidation filing, Hostess is requesting approval to pay $1.75 million in bonuses to executives—the same executives who ran the company so poorly it is closing its doors and liquidating its assets.
The following statement was issued by BCTGM International Union President Frank Hurt in response to the announcement by Hostess Brands that it would begin liquidation.
“Hostess’s announcement that it is liquidating the company is a deep disappointment for all of our Hostess members. While Hostess management wants to blame our members for the demise of the company, the truth is that had it not been for the valiant efforts of our members over the last eight years, including accepting significant wage and benefit concessions after the first bankruptcy, this company would have gone out of business long ago.
While Hostess Brands is trying to scapegoat the workers and members of the Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM), the real cause of the company's collapse can be traced back to its crony capitalism and consistently poor management.