Overview
- José Cascasi y Cía. S.A. confirmed the permanent shutdown of its Rincón de Milberg plant, with all staff dismissed as the court process to handle debts moves into asset sales.
- Workers report months of delayed pay and say the company offered only 50% of legally owed severance in installments, an offer they rejected.
- Accounts from unions and local media describe a workforce that fell from more than 50 people at its peak to about a dozen when operations ceased.
- The firm supplied big industrial and energy clients and helped build signature projects like the Iguazú Falls walkways, so its exit cuts a link in national supply chains.
- The shutdown ends internships and free courses in metal structures and industrial safety for students from Tigre’s technical schools that trained at the plant.