Workers at the Granja Tres Arroyos plant in Concepción del Uruguay are protesting after the facility was shut or severely limited Wednesday.
The situation threatens the livelihoods of a significant portion of the local workforce and signals a deepening financial crisis for the company. Because the plant is a major employer in the Entre Ríos Province, a total collapse could destabilize the regional economy.
Reports on the current operational status of the plant vary. Some accounts said the facility was found completely closed with doors shut [1]. Other reports said the plant continues to operate on a limited schedule of one day per week [3]. This uncertainty comes as the company, owned by Wade and formerly known as Cresta Roja, faces a severe financial crisis involving unpaid wages and debts [3, 4].
Up to 1,000 jobs are currently at risk [1]. The company's struggles are reflected in its output, with production for the former Cresta Roja entity dropping by 30% [3]. Financial instability has also affected employee compensation, with salary payments reportedly being split into five installments [3].
Protests and road blockades have increased since last week as workers demand payment and job security [1, 2]. While some sources said the company is planning a total closure due to its debts [4], others said that partial operations are still ongoing [3]. The workers continue to protest the lack of payment and the precarious nature of their employment [2, 4].
“Up to 1,000 jobs are currently at risk”
The instability at Granja Tres Arroyos reflects broader economic volatility in Argentina's agricultural and industrial sectors. The contradiction between reports of total closure and limited operation suggests a company in a state of collapse, where management may be attempting to maintain a skeletal presence to avoid immediate legal defaults while unable to sustain a full workforce.
