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.
From Oerlikon’s drive brands Oerlikon Graziano and Oerlikon Fairfield comes an array of sophisticated new drive systems for an array of construction machinery applications. The GA rear axle system is a new generation of motor grader axles specifically designed with a complete tandem box. Wet disc brakes are fitted outboard on each wheel hub, which optimises braking performance, provides easier cooling and also meets international safety regulations. The firm’s axle range for graders includes of five differe
Euroswitch is among those leading the way in the design and manufacture of level, pressure, temperature, speed and position sensors. The company says its mission is to develop high quality standard products and custom solutions supported by an efficient and flexible organisation with a highly skilled workforce.
Euroswitch is among those leading the way in the design and manufacture of level, pressure, temperature, speed and position sensors. The company says its mission is to develop high quality standard products and custom solutions supported by an efficient and flexible organisation with a highly skilled workforce.
Spanish specialist Exclusivas Resimart Ibérica is developing novel equipment for the production of pre-stressed concrete elements. The company has designed new technologies for pre-cast concrete markets, mainly in precast pre-stressed concrete by vibro-compression technology and extrusion systems.
