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Fate Announced Its Definitive Closure: the Historic Argentine Tyre Brand Will Fire Its 920 Employees and Stop Producing

Summary by Infobae
The Argentine brand of the Madanes Quintanilla family has 80 years of life. It is the first large company to abandon its activity in recent years. According to relatives, all workers will be compensated

33 Articles

Lean Right

For the dismissal of 920 employees of the tire factory there are workers protesting on the roof of the San Fernando plant. The union called on other unions to protest the closure, and did not rule out taking the place.I followed all the news about the closure of Fate in the minute-to-minute coverage of Clarín.

·Buenos Aires, Argentina
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Far Left

From the union they linked the measure with the political and economic context, marked by the eventual approval of the labor reform and the dismantling of the industrial sector

Lean Right

The firm will stop manufacturing in Argentina at its San Fernando plant and will, it confirmed, fire some 920 employees

·Buenos Aires, Argentina
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InfobaeInfobae
+2 Reposted by 2 other sources
Lean Left

The Argentine brand of the Madanes Quintanilla family has 80 years of life. It is the first large company to abandon its activity in recent years. According to relatives, all workers will be compensated

·Buenos Aires, Argentina
Read Full Article

Fate (Fabrica Argentina de Telas Engomadas), the traditional Argentine company that produces tires for cars, announced its definitive closure immediately, thus dismissing 920 employees who now evaluate different measures in rejection of the decision of the board.The government, for its part, evaluates the possibility of issuing a compulsory conciliation.In view of the escalation in the conflict, the Secretariat of Labor summoned a hearing of the…

The Fate tyre factory, announced its definitive closure, after more than 80 years of trajectory in the country. \n\nThe opening of imports, the high tax charges and the union conflicts, are the main reasons why they led Fate - according to a statement-, to close its production forever. This decision will have a balance of 920 employees that will remain in the street. The company reported that it will liquidate all the compensations. On social ne…

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  • 50% of the sources lean Left, 50% of the sources lean Right
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Infobae broke the news in Buenos Aires, Argentina on Wednesday, February 18, 2026.
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