The appliance brand Peabody, controlled by Goldmund S.A., has ceased manufacturing in Argentina and moved production to Paraguay and Asia. Ask Open the full Ask Rio Times →Peabody Argentina, the home-appliance brand under Goldmund S.A., has stopped manufacturing locally. Frequently Asked QuestionsIs Peabody Argentina the same as Peabody Energy? No, Peabody Argentina is the home-appliance brand controlled by Goldmund S.A. Peabody said production in Argentina was uncompetitive due to higher labor costs, taxes, and a heavier cost structure.