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Lumilagro Will Import Thermos From China and Fired 130 Workers
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The historic Argentine company Lumilagro, dedicated to the manufacture of thermos since 1941, goes through one of the most complex moments of its history. In the last two years the company suffered a 50% drop in sales, which resulted in a deep productive reorganization and a strong reduction of personnel. As part of that process, the firm de-coiled 170 workers through voluntary retreats and decided to stop manufacturing glass thermos in Argentin…
The Argentine company, founded in 1941, will no longer produce glass ampoules at its plant. Furthermore, they denounce the uncontrolled influx of smuggled thermoses as endangering public health. The Milei era is becoming a "post-industrial era."
After more than eight decades linked to the domestic manufacture of thermos, Lumilagro turned off the furnaces with which it produced its traditional glass blisters and advanced in a restructuring that fundamentally changed its business model. The company stopped manufacturing that component in the country, reduced its staffing and began to supply itself with production from abroad, especially from China, India and Vietnam. The historic firm, fo…
The historic Argentine company Lumilagro, known for manufacturing glass thermos since 1941, shut down its furnaces in the Tortuguitas plant after 83 years of production.The decision came after a sharp fall in sales and competition for low-cost imported products.In the last two years, the company reduced its workforce and de-coupled 170 workers.In this way, it began importing glass blisters from India and Vietnam.In addition, the steel thermos th…
After a 50% drop in sales, Lumilagro took a turn in his business. He fired 170 workers and began to import. He also manufactures in China. Here they only manufacture some steel thermos and are dedicated to personalizing thermos and thermal bottles with silkscreens. Lumilagro could be another case witness to what happens with the Argentine industry. He turned off his ovens and now he is engaged in importing. In fact a good part of his production …
The company fired 130 workers from a plant that had 200 employees, leaving only 70 workers.
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