INTERNATIONAL: Venezuela seizes US-owned factory where Kleenex and Huggies are made

By Caribbean360

 Share This On:

kimberly_clark_vlzaCARIBBEAN360 – The government of Venezuela says it has seized a factory owned by US firm Kimberly-Clark, the consumer products giant that produces Kleenex and Huggies.

According to President Nicolas Maduro, the American corporation violated Venezuela’s laws by suspending its operations in the South American country.

“Forty-eight hours ago, without notice, a US company called Kimberly-Clark, violating national laws and the constitution, fired almost 1,000 workers from its production plant, closed the door and left the country,” Maduro said on state television.

He added that the government would support the workers now in control of the plant.

For its part, Kimberly-Clark said it would shutter its Venezuela operations after years of grappling with soaring inflation and a shortage of hard currency and raw materials.
CLICK HERE FOR FULL STORY

 

(0)(0)
This article was posted in its entirety as received by stlucianewsonline.com. This media house does not correct any spelling or grammatical error within press releases and commentaries. The views expressed therein are not necessarily those of stlucianewsonline.com, its sponsors or advertisers.

2 comments

  1. What a sh-tty thing to do. It is obvious that Venezuela is now in deep sh-t.

    (0)(0)

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.