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Hostess calling it quits | News

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Hostess calling it quits

IRVING, TX (AP) - Hostess Brands says it is going out of business, closing plants that make Twinkies and Wonder Bread and laying off all of its 18,500 workers.

The Irving, Texas, company says a nationwide worker strike crippled its ability to make and deliver its products at several locations.

Hostess had warned employees that it would file a motion in U.S. bankruptcy court to unwind its business and sell assets if plant operations didn't return to normal levels by Thursday evening.

The privately-held company filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade.