Manufacturer Manitowoc will build its first Latin American crane factory in Brazil. The new facility will be in Passo Fundo, a city in the southern state of Rio Grande do Sul.
Larry Weyers, executive vice president of Manitowoc Cranes' Americas region, said the company intends to build different models of cranes at the new factory. "Our philosophy is always to be as close to customers as possible," he said. "That applies to everything we do - design, manufacturing, sales and service. Over the last few years, we have significantly enhanced our presence in Latin America, and this new factory demonstrates Manitowoc's belief in the market potential."
Construction of the factory is expected to begin after final approval by local government. Manitowoc said it expects to generate more than 300 jobs.
The initial focus of the factory will be the production of mobile hydraulic cranes. Manitowoc anticipates the first cranes will come off the production line about 15 months after construction begins.
The manufacturer's service office will be retained in Sao Paulo, Brazil.