Case to Reopen Plant in Sorocaba (SP)
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SAO PAULO, BRAZIL, Jun 19 (MARKET WIRE) --
Case IH Agriculture and Case Construction, which are part of CNH Global
N.V. (NYSE: CNH), the agricultural and construction equipment
majority-owned subsidiary of Fiat Group (FIA.MI), announced today, in Sao
Paulo, the reopening of their production unit in Sorocaba (SP),
generating more than one thousand direct jobs.
The company intends to increase its production of agricultural and
construction machinery, which is currently carried out at the Curitiba
(PR) and Belo Horizonte (MG) units, and also manufacture components used
in other Case Construction and Case IH machinery.
The project is part of an investment plan totaling nearly BRL 1 billion,
part of the overall investment which the Fiat Group is committed to for
its 2007-2010 plan, announced in 2006.
The Sorocaba plant, which was closed in 2001, was acquired through the
Case and New Holland merger. At that time, the Sorocaba unit -- with a
built surface of 90 thousand square meters -- produced 500 machines per
year and employed more than 500 people. With the increase in the
agricultural and construction sectors in Latin America, the company has
decided to reopen it.
With the reopening, the surface area of the Sorocaba plant will be
enlarged to 150 thousand square meters, and production will begin in
2009. At the same site, the largest parts distribution center in Latin
America, and the most modern one in the Fiat Group worldwide, with 60
thousand square meters of built area, latest-generation moving and
packing equipment, and an inventory of 154 thousand different types of
parts will also be constructed.
The distribution center will be certified as a Green Building, a
certificate granted to buildings whose construction preserves the area
where they are located and feature environmental preservation systems,
such as the re-use of rain water and the use of alternative energy
sources, such as sunlight.
World Class
The plant, which has a modern design, will be fully aligned to the World
Class Manufacturing (WCM) production system adopted by the Fiat Group.
"Sorocaba will produce new models of agricultural and construction
machines for the global platform of both brands. This manufacturing site
will enable us to increase our production, so as to better meet demand in
the agricultural and construction markets, which have been continuously
expanding," said Valentino Rizzioli, President of CNH Latin America.
"We will have sequenced and continuous-flow manufacturing, leading to
better, faster and cheaper production which will favour the
competitiveness and marketability of our high technology products in
domestic and foreign markets," added Valentino Rizzioli.
The plant will have the latest generation equipment, including laser
plate-cutting machines equipped with automatic feeders, robotized welding
stations, aerial conveyors for parts and components, in addition to the
most updated painting system, using electrophoretic immersion and
low-temperature acrylic processes.
In addition to machinery, the new plant will produce components for
equipment manufactured at other CNH plants such as the Piracicaba facility
which produces sugar cane combine harvesters, as well as for export.
Manpower
Work to make the new factory operational will begin in the second half of
the current year and completion is planned for the first half of next
year. With the planned reopening of the Sorocaba plant, Case Construction
and Case IH intend to open local business offices as early as September.
The Logistics and Parts Distribution Center, currently located in Itu,
will be relocated in June 2009.
Hiring for the new manufacturing plant has already started, and before the
beginning of 2010, the new unit will have 1,200 direct employees. It is
also expected that the new operation will generate more than 2,500
indirect jobs.
About CNH
CNH Global N.V. is a world leader in the agricultural and construction
equipment businesses. Supported by more than 11,000 dealers in 160
countries, CNH brings together the knowledge and heritage of its Case and
New Holland brand families with the strength and resources of its
worldwide commercial, industrial, product support and finance
organizations. CNH Global N.V., whose stock is listed at the New York
Stock Exchange (NYSE: CNH), is a majority-owned subsidiary of Fiat S.p.A.
(FIA.MI). More information about CNH and its Case and New Holland
products can be found online at www.cnh.com.
About Case IH
Case IH is a global leader in agricultural equipment, committed to
collaborating with its customers to develop the most powerful, productive,
reliable equipment -- for those who demand more. With headquarters in the
United States, Case IH has a network of dealers and distributors that
operates in over 160 countries. Case IH provides agricultural equipment
systems, flexible financial service offerings and parts and service
support for professional farmers and commercial operators through a
dedicated network of professional dealers and distributors. Productivity
enhancing products include tractors; combines and harvesters; hay and
forage equipment; tillage tools; planting and seeding systems; sprayers
and applicators; and site-specific farming tools. For more information,
visit us on the World Wide Web at http://www.caseih.com.
About Case Construction Equipment
Case Construction Equipment Inc. sells and supports a full line of
construction equipment around the world, including the No. 1
loader/backhoes, articulated trucks, excavators, motor graders, wheel
loaders, vibratory compaction rollers, crawler dozers, skid steers,
compact track loaders and rough-terrain forklifts. Through Case dealers,
customers have access to a true professional partner -- with world-class
equipment and aftermarket support, industry-leading warranties and
flexible financing. More information is available at www.casece.com.
FOR INFORMATION CONTACT:
Milton Rego
Head, Communications - Latin America
Phone: (+55) 11.2126.2280
Email Contact
Copyright 2008, Market Wire, All rights reserved.
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