Factory plans

摘要

Asian equipment manufacturers Doosan, Hyundai, Sany and XCMG are to invest a total of US$ 610 million to set up factories in Brazil on the back of expected growth in construction equipment sales in the region. Hyundai will invest US $ 150 million to build an excavator and wheeled loader factory in Itatiaia, southern Rio de Janeiro, while Sany Brazil plans to build a US$ 200 million factory in Jacarei, Sao Paulo. XCMG will invest US $ 200 million in Pouso Alegre (Minas Gerais), and Doosan is set to invest US $ 60 million in Sao Paulo.