Argentina’s small and medium-sized businesses brace for total devastation

[sergio]

I doubt your friend is going to be getting a check cashed anytime soon. Read this in La Nacion today. Sounds like they have been floating bounced checks for a while now.

“Se veía venir”: Granja Tres Arroyos acumuló más de $7000 millones en cheques rechazados y hay alerta en más de 200 productores

La principal procesadora de pollos del país mostró un fuerte deterioro y escasez de flujo que ya afecta la operatoria en las granjas productoras; fuentes de la empresa informaron que la compañía ingresó en un Proceso Preventivo de Crisis y “hoy está abocada a normalizar la situación en todos sus...

www.lanacion.com.ar

Oh no. That is too bad. I keep hearing of these kind of things happening. Implosion of failing companies now.

 

[sergio]

“Se veía venir”: Granja Tres Arroyos acumuló más de $7000 millones en cheques rechazados y hay alerta en más de 200 productores

La principal procesadora de pollos del país mostró un fuerte deterioro y escasez de flujo que ya afecta la operatoria en las granjas productoras; fuentes de la empresa informaron que la compañía ingresó en un Proceso Preventivo de Crisis y “hoy está abocada a normalizar la situación en todos sus...

www.lanacion.com.ar

 

[Avocado]

Another one dies.

Bahco cierra su fábrica en Santa Fe y despide 40 trabajadores

La empresa dejará de producir herramientas en la localidad de Santo Tomé, vecina de la capital provincial y comenzará a importar productos de China.

www.lapoliticaonline.com

 

[Good Stuff]

Another one dies.

Bahco cierra su fábrica en Santa Fe y despide 40 trabajadores

La empresa dejará de producir herramientas en la localidad de Santo Tomé, vecina de la capital provincial y comenzará a importar productos de China.

www.lapoliticaonline.com

Sad to see people lose their job. Most of their stuff is already imported. I have a bahco hammer(made in China) cost 20,000 pesos, pure steel, a wooden one with steel hammer made in Argentina is 50,000 to 60,000 pesos. Have also used their power tools, which are of poor quality and double the cost of Dewalt or Milwaukee in the USA. The price of their lithium batteries are insane. Hard to find a hammer made in Argentina that lasts for construction for a good price, even costs way less than A 35 dollar hammer made in Argentina is equivalent to a 10 dollar hammer imported from China in the USA. The difference between a Sodimac in Chile and Argentina is insane. Essentially, it leaves a situation where a well made tool is worth more than a laborer. Opening up construction imports and not taxing them heavily will be very beneficial to the common laborer in the country. IMO

 

[James Bond]

Sad to see people lose their job. Most of their stuff is already imported. I have a bahco hammer(made in China) cost 20,000 pesos, pure steel, a wooden one with steel hammer made in Argentina is 50,000 to 60,000 pesos. Have also used their power tools, which are of poor quality and double the cost of Dewalt or Milwaukee in the USA. The price of their lithium batteries are insane. Hard to find a hammer made in Argentina that lasts for construction for a good price, even costs way less than A 35 dollar hammer made in Argentina is equivalent to a 10 dollar hammer imported from China in the USA. The difference between a Sodimac in Chile and Argentina is insane. Essentially, it leaves a situation where a well made tool is worth more than a laborer. Opening up construction imports and not taxing them heavily will be very beneficial to the common laborer in the country. IMO

Sad but a reality. It doesn't make sense to produce these when they can import much better quality for a fraction of the price. Hopefully they can repurpose these factories to do something else. I am not clear where all the jobs will come from however. Once you cut and use the chainsaw you still need to have the other side of it too.