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USAgNet - March 09, 2010
CNH Global has opened a $563 million factory in Brazil that will employ 3,000 people and could create an additional 3,000 jobs at suppliers. The factory in Sorocaba will produce agricultural and
construction equipment for more than 50 countries, according to the company.
It is the biggest single machine industry investment in Brazil's history, CNH said in a news release. Besides finished machines, the plant will produce parts for other CNH manufacturing sites including a
Brazilian factory that makes sugar cane harvesters.
It took 18 months to build the factory that now employs more than 800 people, and that is expected to grow to 3,000 in two years. It also is expected to result in 3,000 additional jobs at suppliers in the Sao
Paulo region.
Brazil is one of the world's largest exporters of soybeans, sugar and orange juice.
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