DALLAS (CBSMiami) – The joke used to be that the only thing that could survive a nuclear war were cockroaches and Twinkies. But it turns out, Twinkies’ maker Hostess said Friday that a workers strike has killed the company that made snack food along with Ding Dongs, Ho Ho’s and other products.

Hostess announced Friday it is going out of business, closing up its plants, and will lay off all 18,500 workers. The company also said it would put itself up for sale.

Hostess had previously warned employees it would shut down its business and liquidate if they didn’t return to work by Thursday night. The Teamsters had previously agreed to a contract with Hostess, but a second union went on strike and refused to let wages and benefits be cut.

Hostess has been in business since the 1930’s.

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)


Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Miami

Get Your Daily DoseHere's some good news just for you.
CBS4 New Home For Florida Lottery

Watch & Listen LIVE