Hostess Brands to enter mediation with bakers’ union
Hostess Brands Inc., Irving, Texas, announced Monday, Nov. 19, that it will follow a request from the U.S. Bankruptcy Court for the Southern District of New York to enter a confidential mediation Tuesday, Nov. 20, with the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM).
“Today's development is a positive step toward finding a solution that will keep 18,500 men and women employed at Hostess,” Teamsters general secretary-treasurer Ken Hall said on Monday regarding the announcement. “We are hopeful that the bakers' union and the management team can find common ground during this mediation and avert liquidation.”