Currently browsing tag

Production facility outages

Top Venezuela beer maker halts production amid shortages

CARACAS, Venezuela (AP) — Venezuela’s largest brewer said it shut down beer production Friday at the last of its four factories due to a shortage of imported supplies. Cerveceria Polar, which announced the closing of its factory in Carabobo state in an email, had warned earlier that it had enough …

Argentine carmakers suspend staff as sales plunge

BUENOS AIRES, Argentina (AP) — Argentine automakers are reducing production and suspending factory workers as sales plunge because of a gathering storm of economic trouble. Most Argentine cars are exported to Brazil, where sales are down in a slowing economy. Meanwhile, a 23-percent peso devaluation so far this year puts …