Celso Silva/Google Maps
Workers at the Montalvo factory, Constância, in Santarém, enter 2025 on the wrong foot. They depended on the U.S. headquarters of the plastic container giant, which declared bankruptcy in September.
The factory Tupperware installed in Montalvo, Constância (Santarém), will close its activity on January 8th and lay off approximately 200 permanent workersinformed the president of the City Council this Friday.
“The Municipal Council of Constância became aware that yesterday [quinta-feira] It was communicated to the company’s employees that it will close on January 8, 2025. In view of this difficult situation For our municipality and our region, we leave a word of solidarity with all workers and their families”, wrote Mayor Sérgio Oliveira, on the municipality’s official website.
The multinational Tupperware factory in Portugal, operating since 1980, depended 100% on the North American parent companywith the announcement of the request for declaration of insolvency having direct consequences on the Portuguese unit.
Due to declining sales, the iconic plastic food container brand voluntarily initiated Chapter 11 proceedings in Delaware Bankruptcy Court, which made shares fall by more than 50% on the New York Stock Exchange and led to the subsequent suspension.
O increased competition and the decrease in demand for its products weakened the company’s activity in recent years, which was struggling with liquidity problems.
