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

By Caribbean360

July 15, 2016

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CARIBBEAN360 – 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.
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2 comments

The Commentator
July 17, 2016 at 9:15 AM
What a sh-tty thing to do. It is obvious that Venezuela is now in deep sh-t.
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- Anonymous
  March 5, 2017 at 6:29 PM
  VENEZUELA IS A THEIF A FULL PLEDGE THEIF WANT TO CLAIM WHAT BELOMGS TO THEM. A CAT GOVERMENT.
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