Monday, July 11, 2016

Hostess Brands planning an IPO

Hostess brands, the maker of Twinkies has really turned their business around, according to the Washington Post, "Where the company just five years ago had 8,000 employees — 75 percent of whom were represented by unions — the company now says in filings that it has a “streamlined employee base” of roughly 1,170 workers. That workforce is the shadow of a once-vast empire, which shortly before its troubles totaled 22,000 workers across more than 40 bakeries." How do they do it? Robots make the Twinkies and HoHos. They are now planning for an IPO.

I serve as the chair for SANS Rocky Mountain 2017 in Denver starting June 12, 2017. Hostess is led by billionaire C. Dean Metropoulos who drove the move to automation. I think he would appreciate the degree of cyber-security automation in the courses we offer.