Posted: Nov 10, 2012 9:21 PM by Dustin Klemann - Q2 News
Updated: Nov 10, 2012 9:21 PM
BILLINGS - More than 100 employees of the Hostess Sweetheart Bakery plant on Midland Road went on strike Saturday evening.
Factory workers of the plant stood in heavy coats on the skirts of the lot, quietly holding signs as more workers trickled in to join the protest.
The picketers, who join the employees of 7 other Hostess factories also striking across the country, say they are asking for the liquidation of the company, as many workers feel Hostess' current financial situation has no light at the end of the tunnel.
Eusebio Diaz, Business Agent for Local 466, said this strike is not a negotiation process, "What we want to do is we want to shut the company down and force them to liquidate so somebody will come buy a plant and we have a future. Somebody that has some money and knows how to run a company."
In 2004, Hostess first entered bankruptcy after a failed restructuring attempt. Following the file for bankruptcy, Hostess closed production plants and cut about 5,000 jobs that reports say saved $110 million.
It wasn't until 2009 that Hostess emerged from bankruptcy as new ownership took over.
Although new ownership was in place, Hostess filed for bankruptcy for the second time in January 2012.
Since 2002, six different CEOs have headed the company.
We have made an attempt to contact Sweetheart Bakery's Human Resources for comment and are still awaiting response.
We'll keep you updated at the progress of this strike as new developments unfold.