Hostess is back - an economics success story

[psychohist]

As expected, but contrary to press hysteria, Twinkies and other Hostess products are being manufactured again. Two private equity firms bought the rights to most of the snack products - and also bought four of their bakeries - and they will be available again at most outlets on Monday

Comments

[izmirian]

That's a definitely a good story. There was a similar story about the old GM factory here in Fremont California which got converted to the new united motors plant. In that case it was operated by pretty much the same workers and I think on a fairly similar pay scale but without all of the union rules, so there was a lot more flexibility. It went from the worst quality in the US to the best quality. There was an NPR this American life episode on it at one point. Pretty inspiring. Of course then that plant went out of business and now it's building Tesla automobiles.