According to its managing director Ernesto Riojas, the Mexican glass tableware company Vidriera Imper may have to shut down permanently because soaring natural gas prices have caused it to use up all …
According to its managing director Ernesto Riojas, the Mexican glass tableware company Vidriera Imper may have to shut down permanently because soaring natural gas prices have caused it to use up all available capital. Riojas said that Imper will be forced to dismiss its 140-strong workforce early in 2001. “For now, we are just trying to finish the year, but in January we will meet the same fate as Vidriera Tepeyac,” he said. Vidriera Tepeyac, one of the oldest glassmakers in Mexico, recently announced it would shut down permanently at the end of 2000.