Hostess Brands said it likely won't make an announcement until Friday morning on whether it will move to liquidate its business, after the company had set a Thursday deadline for striking employees to return to work.
Members of United Auto Workers Local 933, which represents roughly 1,500 hourly workers, could declare a strike if negotiators do not reach an agreement with Allison Transmission by a Wednesday deadline.
A Hostess spokesman said the company is debating whether it will close its Indiana plants after workers went on strike on Friday. Hostess employs about 875 workers in Indiana, including 288 in Indianapolis.
The NFL and the players' union decided Thursday to keep the current collective bargaining agreement in place for an additional 24 hours so that negotiations can continue.
The worst case scenario — no season — would mean the city of Indianapolis sustaining the most expensive hit in league history.
Union members have approved a new contract that ends a strike by more than 700 workers at a Bemis Co. plant in Terre Haute
after 40 days.
