The Hostess company here in Texas ,that is known worldwide for their sponge cake cream-filled treats and others, has been threatening to close down entirely if the striking union workers didn't come back to work.
Well, no compromise was reached so the company shut down entirely. Now all these people are out of work.
Prices online have skyrocketed upon reports of the closing. Someone was selling a pair of Twinkies on Ebay for $3000. ?????
The local Hostess bakery's shelves are completely empty as people scrambled to buy up the last Twinkies or any other treats that could be found.
One Last report said that a judge gave the company a 24 hour window to work things out before bankruptcy proceedings begin.