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The bakers union representing former Hostess workers — including about 370 in Maine — says it objects to the planned sale of the bankrupt company's assets to the Georgia-based Flowers Foods Inc.
The Portland Press Herald reported that union officials are taking issue with Flowers' $360 million bid for 20 Hostess bakeries, including one in Biddeford, and other assets because the bid includes no assurances that former employees would be protected.
On a related note, the paper reported that the U.S. attorney in New York City on March 1 objected to the planned Flowers deal and a separate $31.9 million deal to sell some assets to Mexico's Grupo Bimbo because the buyers would be released from certain liabilities and obligations to comply with environmental laws.
The company will ask the U.S. Bankruptcy Court for the Southern District of New York to approve those transactions at a hearing on March 19.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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