beeger

AFTER years of recording losses, paint manufacturer Berger Paints Trinidad Ltd has ceased operations in Trinidad.

The announcement was made on Monday by Berger’s parent company, the ANSA McAL Group.

“The company recognises that this decision will have a significant impact on its employees and has therefore agreed to make a lump sum payment to each employee in order to minimise the impact of this decision,” ANSA McAL stated.

“The group has also offered counselling and financial advice if desired,” it said, but did not ­confirm how many employees were ­affected.

The Express was told by sources familiar with the development that about 60 employees were affected.

Last Friday, BPTL and its recognised majority union, the National Union of Government and ­Federated Workers, signed a memorandum of agreement on the cessation of Berger’s operations.

ANSA McAL assured product availability in the market would not be affected as a result.

“This business has been in a loss-making position for several years.

“This decision places the paint business, which will now be distribu­ted by ANSA Coatings Ltd, in a better position to build efficiencies and to become more competitive in both local and export markets, whilst ensuring no compromise to the brand’s quality statement,” the group stated.

RECOMMENDED FOR YOU

“The worst is almost over. Our best days are ahead, as a new society is being built on a sustainable prosperity for all.”

So said Prime Minister Dr Keith Rowley yesterday at the party’s campaign launch at the Queen’s Park Savannah, as he urged the population to make the right electoral decision come December 2. 

LEGISLATION for the decriminalisation of marijuana, 50,000 new jobs by 2025, a solution to the country’s troubling crime problem and the restoration of the economy to some level of normalcy.

This was the view shared by Minister in the Ministry of Education Dr Lovell Francis as he addressed principals gathered at the Southern Academy for the Performing Arts (SAPA) on Saturday night for the National Primary Schools Principals’ Association (NAPSPA) Principal of the Year award. The title was copped by the principal of the Rose Hill RC Primary School, Charlene Quamina.

FRUSTRATED over funding for work on the Point Fortin Hospital project, two sub-contractors have initiated legal action against a company linked to the main contractor, Austrian firm Vamed.