CNH is investing in a new construction equipment factory in Brazil
CNH is planning to build a new factory at Minais Gerais in Brazil in an investment worth some US$341.4 million (R$600 million). The factory will be located in Montes Claros, in the northern part of Minas Gerais.
January 6, 2017
Read time: 2 mins
1595 CNH is planning to build a new factory at Minais Gerais in Brazil in an investment worth some US$341.4 million (R$600 million). The factory will be located in Montes Claros, in the northern part of Minas Gerais. The firm has signed a Memorandum of Understanding with the authorities in Minas Gerais (Brazil) at 2729 Fiat Industrial’s headquarters in Turin, Italy. The agreement was reached during a visit by a Minas Gerais state government delegation, led by Governor Antonio Anastasia. “This agreement strengthens our ties to the state of Minas Gerais and reconfirms a commitment started 40 years ago with Fiat’s first investments in the region. Minas Gerais holds a prominent place in the Brazilian economy and therefore is an ideal location for Fiat Industrial, and for CNH in particular, to grow in Brazil,” said Sergio Marchionne, chairman of Fiat Industrial and CNH.
The plant in Montes Claros will add to the company’s presence in Minas Gerais, which includes a facility in Contagem. Originally established in 1970, the site was the first Fiat factory to be located in Brazil, and currently produces equipment for CNH’s construction brands, 176 Case and 5895 New Holland Construction. The new plant is scheduled to begin operations in 2014. It is expected to generate about 2,700 jobs, 700 of which will be direct and 2,000 from a supplier hub for parts and components that will be established in the vicinity of the factory. The total area of the complex in Montes Claros is expected to be some 2,000,000m2, with 700,000m2 for the plant itself.
GA will be introducing a new family of parts at INTERMAT as well as a new range of gaskets. The company makes and sells aftermarket parts for earthmoving machines. It has extended its range to cover Komatsu, Hitachi, Volvo and Liebherr equipment in addition to the parts for Caterpillar machines that it already supplied.
Penta Automazioni Industriali says it began trading in 1991 in response to increased demand for automation in the handling, stacking, sorting and ageing of concrete elements. The company provides custom-made plants and, through a close relationship with customers, Penta says it is able to continuously improve its products and adapt them to constantly changing market demands.
Gate7 has developed a range of products to perform to the same standard in all global climate zones from Alaska to the Sahara. The firm will be showcasing these at Intermat 2012 and highlighting why the company has seen rapid growth over the last ten years. The firm describes itself as one of the market leaders for the design, manufacture and supply of specialist vehicle livery, markings and decals. Its primary markets are construction, industrial and agricultural equipment manufacturers. Major construction
Gate7 has developed a range of products to perform to the same standard in all global climate zones from Alaska to the Sahara. The firm will be showcasing these at Intermat 2012 and highlighting why the company has seen rapid growth over the last ten years. The firm describes itself as one of the market leaders for the design, manufacture and supply of specialist vehicle livery, markings and decals. Its primary markets are construction, industrial and agricultural equipment manufacturers. Major construction
