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.
Fayat’s new COMPACT asphalt mixing plant creates a continuous flow of multipurpose product, including cold, warm and hot mix. The new plant ensures optimum energy management when mixing aggregates while maintaining the ability to recycle materials according to typology. The feed is conventional into the dryer tube for virgin materials – and into the continuous mixer, or both, for recycled materials. Bitumen is introduced into the Retroflux or Recyclean dryer tube, or into the mixer, far away from the flame.
Fayat’s new COMPACT asphalt mixing plant creates a continuous flow of multipurpose product, including cold, warm and hot mix. The new plant ensures optimum energy management when mixing aggregates while maintaining the ability to recycle materials according to typology. The feed is conventional into the dryer tube for virgin materials – and into the continuous mixer, or both, for recycled materials. Bitumen is introduced into the Retroflux or Recyclean dryer tube, or into the mixer, far away from the flame.
JCB has completed its 17-model, US-built second generation skid steer and compact tracked loader line. The firm has added the 175, 190 and 205 model skid steers and the 190T and 205T CTLs to the range, all of which are vertical-lift-arm models powered by a 44.7kW engine. JCB now has a machine to cover 97% of the global skid steer market, which accounts for more than 70,000 loaders a year.
JCB has completed its 17-model, US-built second generation skid steer and compact tracked loader line. The firm has added the 175, 190 and 205 model skid steers and the 190T and 205T CTLs to the range, all of which are vertical-lift-arm models powered by a 44.7kW engine. JCB now has a machine to cover 97% of the global skid steer market, which accounts for more than 70,000 loaders a year.
