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.
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.
Attachments specialist Labounty has introduced two new cutter crushers, said to be the most powerful in their class. The MDP 20R can be mounted to the dipper of a 25tonne machine or to the boom of an 18tonne carrier. The heavier MDP 30R matches the dipper of a 35 tonne excavator or the boom of a 25tonne.
Attachments specialist Labounty has introduced two new cutter crushers, said to be the most powerful in their class. The MDP 20R can be mounted to the dipper of a 25tonne machine or to the boom of an 18tonne carrier. The heavier MDP 30R matches the dipper of a 35 tonne excavator or the boom of a 25tonne.
Following the success of its XADN tyre for articulated dump trucks, Michelin has further enhanced the tyre’s construction to include better sidewall protection against damage from rocks and foreign objects. Called the XADN+, the new version is also claimed to offer improved tyre life – typically 8-10% over the XADN version said the French maker – while simultaneously reducing rolling resistance as a result of removing 14kg of dead weight from the tyre. The 29.5 R25 tyre’s tread depth and pattern remain unch
