 As a result of the high cost of education and health care, and lack of support from the Antillian government, the company had to be liquidated in 1954.But because closing the factory would cause serious unemployment, the Dutch government took over the company, and from 1955 to 1960 it operated under the name Bocofa (Bonaire Confectie Fabriek) N.V.Despite the fact that this company received government support it could not cope either and by 1961 it started operating under yet another name, Cambes Textiles N.V. (the first letters of the six Dutch Antilles), of which all shares, worth 400,000 guilders, were in government hands.