Peabody Argentina Stops Production, Shifts to Imports

BAE Negocios

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The history of the Peabody brand reflects the goings and goings of the national industry in the country. Founded in the middle of the last century, it had epochs of splendor and crisis.The present moment is one of the most complicated, so its owner decided that Peabody will stop manufacturing in Argentina.Peabody was born linked to the metallurgical company Helametal and in 1990 it passed into the hands of Philco and the products ceased to be in…

lagaceta.com.ar

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The company is committed to importing from Asia and producing in Paraguay while restructuring a $40 billion debt.

SOMOS JUJUY

Factuality

Ownership

While trying to restructure a debt of about $39 billion, the compa to unmantel their plant of La Tablada, advance with layoffs and register a more than 50% ca da in their sales during June.