Why does the historic tire factory Fate close its doors?
The historic tire factory Fate in San Fernando, Argentina, is closing down, resulting in the layoff of 920 employees due to import issues and labor conflicts.
Javier Milei and his measures, LIVE: The Government gathers the political table while waiting to turn the labor reform into law
The Argentine government under Javier Milei is convening a political meeting to push for labor reform in the Senate amid ongoing tensions surrounding the closure of a major tire manufacturing company.
Fate and the Workers: A Factory Stopped, Millions of Liters of Solvent, and the Despair of the Neighborhood
Fate, a tire manufacturing company in Argentina, has been closed for four days, leaving workers in distress as they demand its reopening amid internal union conflicts.
FATE must reopen its plant: it will have to resume production during the 15 days that the conciliation lasts and assign tasks to the employees
FATE has announced it will comply with a mandatory conciliation order to reopen its tire plant in San Fernando, allowing production to resume for 15 days while assigning tasks to employees.
Fate Workers Block the Pan-American Highway and Gendarmerie Attempts to Clear Traffic
Workers protesting the closure of the Fate tire manufacturing company blocked traffic on the Pan-American Highway, prompting a response from security forces.
Questions and answers about the closure of the Fate plant
The closure of the Fate plant in San Fernando, Argentina, after over eighty years of tire production raises numerous questions about the future of the industry and the fate of the displaced workers.
A controversial decision, China with free rein and a union that is a thorn in the side
The article discusses the impact of Chinese imports on Argentina's manufacturing sector, particularly focusing on the tire industry.
Sustainability Yearbook 2026: Pirelli "Top 1%", unique among tire manufacturers
Pirelli has been recognized in the top 1% of the Sustainability Yearbook 2026 by S&P Global, making it the only tire manufacturer to achieve this rating globally.
Javier Madanes Quintanilla, the engineer who closed FATE, founded by his grandfather
Javier Madanes Quintanilla, who inherited the tire manufacturing company FATE from his grandfather, announced the company's closure.
Why Fate Closed: a prolonged union conflict, trade openness, and the decline in local demand
Fate, an Argentine tire manufacturer, has closed its factory in San Fernando after 80 years due to a combination of a prolonged union conflict, increased trade openness, and a significant drop in local demand.
This stock climbed to 12,000 rupees in a snap, dividend announcement
Shares of tire manufacturing company MRF Limited surged to 12,000 rupees following a strong quarterly profit announcement, recording a net profit of 691.83 crores for the third quarter of FY 2026.