Swift have closed 5 of their 6 beef processing factories in Argentina.

[scotttswan]

http://en.mercopress.com/2012/03/23...uts-losses-in-argentina-and-prepares-to-leave

“It's not easy to close plants in Argentina but we've gone from six to one there,” Batista said. “If anyone in Argentina wants to help the system become easier to operate in, that would be very welcome.”

“It's a country that obviously has a lot of potential in agriculture and livestock, and it has a name in the beef business in the whole world,” he said. ”But there's one thing: We're not going to let ourselves lose money there any longer”.

As one commentator put it.

Malaysian last month, Qantas tomorrow

Its going to be hard to get these companies to come back in the future.

I wonder who will be leaving next.

 

[Fettucini]

you know what's going to happen next the way things are going, CFK will introduce a law making it illegal for companies to close down without her permission! Then she'll fine companies that don't make enough profit!

 

[mjackson1946]

Look at what they are doing to the oil companies. no investment ..........they pull the licenses