Dive Summary:
- Hostess Brands' new private equity owners Apollo Management Group and C. Dean Metropoulos & Co have yet to hire back workers from the bakery, Confectionery, Tobacco Workers and Grain Millers International Union, but the union says their expertise makes them a necessity.
- According to Hostess Brands, the BCTGM's November 2012 strike over a pay cutting deal contributed to the snack-maker's liquidation, though the union said in January that it would support and work with the new owners.
- BCTGM President David B. Durkee has warned the two firms that their success with Hostess depended on their cooperation with the union, and that they could encourage a boycott of the company's products if workers aren't rehired.
From the article:
The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) says its members should be a part of the newly launched Hostess Brands business given their expertise. ...