Textile company Fig Platexwho was its former CEO Teddy Karagozian He was the creator of ProTejer, and decided to close his sportswear and underwear manufacturing line that he had been working on Monte Caseros(Corrientes Province). As a result, the company 20 out of 36 workers were fired who worked in that sector.
These separation operations will be performed using Agreed compensation Between the company and the unions. According to internal sources, the decline in domestic consumption and the continuing decline in clothing sales have accelerated the reorganization process that the company considers necessary to adapt to the production context.
Company restructuring and employee transfer
With the area closed The remaining 16 employees They will be transferred to other sections of the factory, especially in… Waving and spinning. The union representative explained that Tn Platex is submitting a plan that it is considering Final disassembly From the manufacturing department to free up space where it will be installed New machines dedicated exclusively to the textile industryan activity that today is presented as more profitable.
Part of these machines comes from factories owned by the company La Rioja and Tucumánwhere transfers have already begun. It is managed by Tn Platex Group Six industrial complexes In different parts of the country, along with the distribution center and offices distributed in Seven provinces. In total, it covers factories 180,000 square meters And employment 1750 people directly. The new production line, which focuses on developing fabrics, is scheduled to begin operation Between March and April 2026.
From a family spinning mill to a national textile group
Founded as a spinning mill in 1979 by Agop Karagozianwhich arrived from Türkiye, Tn Platex quickly established itself as a leading company in the production of Spinning and weaving In the country. Over time, its activity expanded to include clothing, including the manufacture of socks and underwear for others.
Teodoro “Teddy” Karagozian He was the last member of the President’s Council of Economic Advisers Javier Mileyheaded by Damian RiedelBy removing him from his position. The businessman headed the family business, and today his children Thomas and Luke They hold key management positions. Thomas is currently the owner of the company.
In his book “Argentinian backpack“Karagozian submitted his proposal to Indemnity Guarantee Insurance (SGI) To replace the traditional compensation system. As published “Tax revolution“It analyzes the “lack of fiscal correspondence” and the need for tax reforms.
The role of ProTejer and the difficult moment the sector is going through
ProKnitting It is the organization that brings together companies in the country’s industrial textile chain. Reducing customs duties on clothing, shoes and fabrics, 381 companies in the sector were closed From December 2023.
The closure of the Tn Platex manufacturing unit occurs in the complex context of the Argentine textile industry. According to the latest data from IndicThe sector operates in 44.4% of its installed capacityFive points lower than in 2024 and nearly fifteen points lower than in November 2023.
Jorge SorabellaThe corporate director of Tn Platex attributed this situation to “Importers pile upThis diagnosis coincides with a survey conducted by ProTejer, which warns of “Importer register“He points to that More than 14,000 CUIT New companies entered the sector this year.
The study has revealed this so far 2025he 70% of textile consumption Explained through product sales imported. In 2024, that percentage was 57%which means increase 13 points This is done by taking the sample available until August, according to the ProTejer website.