Feb 20 β€’ 11:55 UTC πŸ‡¦πŸ‡· Argentina La Nacion (ES)

With the Same Stone

The article discusses the legacy of the FATE tire factory, established by Leiser Madanes, and the current challenges faced by Javier Madanes Quintanilla as he navigates the family business.

The article reflects on the history of the FATE tire factory, founded by Leiser Madanes, a Polish immigrant, in the 1940s. Initially, the factory produced gummed fabrics for raincoats before transitioning to tire manufacturing with innovative technology for Argentina. By the 1970s, under the leadership of Manuel and Adolfo Madanes, the company branched out into office and scientific calculators with the Cifra brand, which were then exported throughout Latin America. However, the indiscriminate opening of markets by Martinez de Hoz and the burgeoning electronic industry in Tierra del Fuego ultimately limited the company’s growth.

Today, Javier Madanes Quintanilla grapples with the legacy and challenges of the family business as he faces the complex landscape of modern industry. The reference to Charly GarcΓ­a’s lyrics symbolizes a resistance to falling for the same pitfalls encountered by previous generations. The article emphasizes the importance of history and legacy in shaping current decisions while highlighting the broader implications for local industries in Argentina as they adapt to ever-changing economic conditions.

As Javier navigates the modern challenges of FATE, he embodies the struggle of many local businesses in Argentina that must adapt to both global competition and historical legacies, reminding us of the cyclical nature of economic challenges in the country and the importance of learning from the past to forge a sustainable future.

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