Showing posts with label Interstate Brands Corporation. Show all posts
Showing posts with label Interstate Brands Corporation. Show all posts

Friday, November 16, 2012

The Twinkie Saga Expands

Well, according to the info coming out of Irving from the Corporate Offices of Interstate Brands Corporation this morning, Twinkies are done and some 17,000 plus jobs are lost. One news reporter ask that, "if for some reason the unions had a change of heart and wanted to go back to work the closing of the 33 plants would not be needed"? The answer was rather hard-nosed  sprinkled with a dusting of non-humanness: No, it's to late. The deadline has passed [paraphrased]. Over the years, I have known men who have run large-scale operation from a General Mills Cheerio factory to the founder of Hickory Farms to Radio Station empires and not one of them came close to what I see coming out of corporations having problems today.  That could be one of the problems why the companies are in bankruptcy in the first place.
Years ago (being late 70's) CEO Roderick of US Steel said in an address that the ranks of middle management qualified to move into upper management and capable of running tomorrow's corporations were not being fulfilled. This was a major concern for him, for his company US Steel and Corporate America as a whole. As it has played out over several decades, Mr. Roderick was right on target!

The funny side of  all this is seeing on the local noon news, a reporter reporting from the very store where I went to get my Twinkies, yesterday. It's always reassuring to see you are ahead of the pack.Added to that.....someone on e-bay was offering Twinkies on e-bay for $100.00 a box. To bad my brain doesn't think in those lines or I would have wiped out the shelves yesterday and spent the entire night listing it all on e-bay.

I just had another Twinkies with a hot cup of coffee. Yum!

Tell me it ain't so!
Some corporate structure somewhere will sweep in and grab up the Twinkies brand. The remaining executives at Interstate Brands will sweep the profits of the sale into their golden parachute on the way out the door and live happily ever-after. The Twinkies will survive and all is well. Except the guy who has a $10.00 Twinkies and to afraid to eat it! Mine cost $0.20 and it taste just like it did when I was a kid. Besides, I have two more boxes that I could sell on e-bay when the prices hit $250 per box if someone is that big of a fool to let the brand die on the vine.

 

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