STOCK TITAN

Hostess Brands Gives 'Thank You' Bonuses to Frontline Workers

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Hostess Brands (NASDAQ: TWNK) has announced bonuses of up to $750 for nearly 2,000 bakery and distribution center employees to acknowledge their hard work and dedication. The company emphasizes a strong commitment to workplace safety, achieving a record safety performance in 2021 with a total recordable incident rate over 75% better than the industry average. Hostess operates five bakeries across North America, producing popular snacks like Twinkies and CupCakes, and maintains high safety and quality standards.

Positive
  • Bonus distribution of up to $750 per employee for nearly 2,000 workers.
  • Achieved a total recordable incident rate over 75% better than industry average in workplace safety.
  • Strong commitment to employee safety with best-in-class air filtration systems.
Negative
  • None.

LENEXA, Kan., Jan. 20, 2022 /PRNewswire/ -- Hostess Brands, Inc. (NASDAQ: TWNK) today announced that it has recognized its nearly 2,000 bakery and distribution center employees with bonuses of up to $750 per employee to show its gratitude for their hard work, tenure and passion toward achieving the Hostess vision every day.

"We're extremely proud of our frontline team at Hostess," said Andy Callahan, president and CEO of Hostess Brands. "They have shown tremendous commitment, passion, strength and resilience in these challenging times. Their efforts help ensure that our beloved brands continue to be available to spark moments of joy when people need them, and they have done so while achieving a record for workplace safety in 2021."

Hostess Brands operates with a "people-first, safety every day" mindset that emphasizes employee training and continuous improvement in workplace safety to protect employees. Hostess Brands bakeries also have best-in-class air filtration systems to ensure employees stay safe and healthy while producing high-quality snacks.

As a result of these efforts, Hostess Brands' total recordable incident rate in 2021 was more than 75 percent better than the U.S. Department of Labor Occupational Safety and Health Administration's industry average.

Hostess Brands operates five North American bakeries in Chicago; Emporia, Kan.; Indianapolis; Columbus, Ga.; and Burlington, Ontario, Canada. Its facilities are rated A or AA under the global quality and food safety audit standard by the British Retail Consortium.

About Hostess Brands, Inc.
Hostess Brands, Inc. (NASDAQ: TWNK) is a leading sweet snacks company focused on developing, manufacturing, marketing, selling and distributing products in North America under the Hostess® and Voortman® brands. The company produces a variety of new and classic treats, including iconic Hostess® Donettes®, Twinkies®, CupCakes, Ding Dongs® and Zingers®, as well as a variety of Voortman® cookies and wafers. For more information about Hostess Brands, please visit hostessbrands.com.

Media contact
Lauren Bettenga
952-797-6839
lauren.bettenga@clynch.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hostess-brands-gives-thank-you-bonuses-to-frontline-workers-301465260.html

SOURCE Hostess Brands

FAQ

What bonuses did Hostess Brands announce for employees on January 20, 2022?

Hostess Brands announced bonuses of up to $750 for nearly 2,000 bakery and distribution center employees.

How does Hostess Brands' workplace safety record compare to industry standards?

Hostess Brands' total recordable incident rate in 2021 was over 75% better than the U.S. Department of Labor's industry average.

Where are Hostess Brands' bakeries located?

Hostess Brands operates bakeries in Chicago, Emporia (KS), Indianapolis, Columbus (GA), and Burlington (Ontario, Canada).

What is the focus of Hostess Brands?

Hostess Brands focuses on developing, manufacturing, marketing, selling, and distributing snack products in North America.

What popular products does Hostess Brands produce?

Hostess Brands produces iconic treats like Twinkies, Donettes, CupCakes, Ding Dongs, and Zingers.

Hostess Brands, Inc.

NASDAQ:TWNK

TWNK Rankings

TWNK Latest News

TWNK Stock Data

4.43B
129.80M
0.67%
105.25%
4.58%
Packaged Foods
Consumer Defensive
Link
United States
Lenexa