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
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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.
Crane and site safety management specialist AGS, which also makes and supplies elevated obstruction lighting , anemometers and anti-collision systems, will use Bauma to demonstrate its new 3D application for the ID4 anti-collision crane management system. AGS has more than 5,000 systems in use on construction sites around the world and it has a long-term strategic partnership agreement with Bouygues Construction. The group will also announce the setting up of three new subsidiaries in Rhône-Alpes, Île-de-Fr
Crane and site safety management specialist AGS, which also makes and supplies elevated obstruction lighting , anemometers and anti-collision systems, will use Bauma to demonstrate its new 3D application for the ID4 anti-collision crane management system. AGS has more than 5,000 systems in use on construction sites around the world and it has a long-term strategic partnership agreement with Bouygues Construction. The group will also announce the setting up of three new subsidiaries in Rhône-Alpes, Île-de-Fr
Nylacast will be exhibiting its health and safety feature enhanced Nylacast Bigfoot, said to be the construction industry leading crane outrigger pad, at Intermat 2012.
Nylacast will be exhibiting its health and safety feature enhanced Nylacast Bigfoot, said to be the construction industry leading crane outrigger pad, at Intermat 2012.
