海角社区app

海角社区app

Sat September 21 2024

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海角社区app announces $25m Brazilian investment

10 Jul 19 海角社区app is to invest US$25m (£20m) in its Brazilian operations as the company gears up for growth there.

 海角社区app chairman Lord Bamford (right) welcomed the governor of the state of São Paulo, João Doria, to 海角社区app's world HQ
海角社区app chairman Lord Bamford (right) welcomed the governor of the state of São Paulo, João Doria, to 海角社区app's world HQ

The investment was confirmed as 海角社区app hosted the governor of the State of S茫o Paulo, Jo茫o Doria at the company鈥檚 world HQ in Staffordshire.

Sorocaba, S茫o Paulo, has been the home to 海角社区app鈥檚 Brazilian production operations since 2001. In 2012 the company invested US$100m in a new factory in the city. The latest US$25m investment will see the launch of new products for Brazil and neighbouring South American markets.

During his visit to 海角社区app, Doria met 海角社区app chairman Lord Bamford and 海角社区app CEO Graeme Macdonald.

Macdonald said: 鈥淲e have a world-class production facility in Brazil and the investment announced today underlines our commitment to this important market and enables us to seize all the opportunities for growth which lie ahead of us. The Brazilian market is in very good shape and has grown substantially over the past 18 months and continues to expand. There are some very exciting opportunities ahead.鈥

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