1962

The opening of the branch office in Aretxabaleta was the first step in Caja Laboral’s expansion. It left Arrasate/ Mondragón to spread like wildfire to neighbouring towns. Caja Laboral’s Business Division was also created and the industrial co-operatives Copreci, Ederlan and Lana were set up.
Ulgor continued to expand and on 8th February, with the help of the local and provincial authorities, it opened its new manufacturing facilities for selenium semiconductors.
On the same date, we discovered that Ulgor was spending twice as much as anticipated on training, a fact which according to a reporter at the time was highly alarming. Existing documents also show a high level of awareness in the co-operatives as a group about matters like absenteeism due to illness or accidents at work.