CNH employees celebrate the opening of the new complex
The new 1595 CNH Industrial Complex in Brazil, which comprises a 176 Case factory and a modern CNH parts logistics and distribution centre, has opened in the city of Sorocaba, São Paulo state.
The opening of the complex will generate 3,000 direct jobs (up to 6,000 including indirect jobs) in the region according to a forecast of up to two years, when the factory reaches it full production capacity.
The project results from an investment of R$1 billion (e418 million), part of an investment plan by the1243 Fiat Group for the 2007-2011 period announced in November 2006 by Sergio Marchione, Fiat Group CEO.
With this factory, the Fiat Group significantly increases its operation in the state of São Paulo with the highest machine industry investment in one instance ever made in the history of the country.
The objective of the company is to increase agricultural and construction machine production, which today takes place at the Curitiba, Piracicaba and e Contagem units, and manufacture components for other machines produced by the other company units in Brazil. The Sorocaba factory will produce equipment to supply the domestic market and it will also be exported to other Latin American countries and more than 50 countries around the world.
"Sorocaba is going to produce agricultural and construction machines that are part of the world platform of the two brands. It will allow us to increase our production to better serve the agricultural and construction markets," says Valentino Rizzioli, president of CNH for Latin America and executive vice-president of the Fiat Group.
The opening of the complex will generate 3,000 direct jobs (up to 6,000 including indirect jobs) in the region according to a forecast of up to two years, when the factory reaches it full production capacity.
The project results from an investment of R$1 billion (e418 million), part of an investment plan by the
With this factory, the Fiat Group significantly increases its operation in the state of São Paulo with the highest machine industry investment in one instance ever made in the history of the country.
The objective of the company is to increase agricultural and construction machine production, which today takes place at the Curitiba, Piracicaba and e Contagem units, and manufacture components for other machines produced by the other company units in Brazil. The Sorocaba factory will produce equipment to supply the domestic market and it will also be exported to other Latin American countries and more than 50 countries around the world.
"Sorocaba is going to produce agricultural and construction machines that are part of the world platform of the two brands. It will allow us to increase our production to better serve the agricultural and construction markets," says Valentino Rizzioli, president of CNH for Latin America and executive vice-president of the Fiat Group.
