Another tannery to close20 August 2007
Acabados del Vallés, Catalunya, specialists in Spanish lambskin, nappa, nubuck and doubleface are to close after 60 years of operation. The company are currently in liquidation and will completely cease operations at their plants in La Garriga and les Franqueses, having suspended payments in 1998, and not being able to reach the profitability to service the debts. The closure was announced to staff on June 6, and an employee told Leather International that under current conditions the 57 workers will receive no redundancy payments, and will not be paid for the month of June. However, the liquidation commission/administrators are currently auctioning the remaining stock of skins and machinery plant and employees hope that the proceeds from the sale will form a compensation fund.