Yeer Gunia, special envoy of Brazilian president and federal councilor, Cao Xinping, secretary of CPC Xuzhou Municipal Committee, Wang Min, president of XCMG participated in the ground-breaking ceremony.
On 22nd Dec, the grand ground-breaking ceremony of XCMG Brazil Manufacturing Base was held in Pouso Alegre
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Minas Gerais,
Brazil. Yeer Gunia, special envoy of Brazilian president and federal councilor, state councilor of Pouso Alegre, Aguinaldo, mayor of Pouso Alegre, Monica Gordelo, deputy secretary-general of the Economic Development Department of Minas Gerais, Cao Xinping, secretary of CPC Xuzhou Municipal Committee, Li Haitong, commercial counselor of the Chinese Embassy in Sao Paulo, Zhang Funing, member of the standing committee of Xuzhou Municipal Committee and secretary of the working committee of the Party of Xuzhou Economic and Technological Development Zone, Wang Min, president and secretary of the Party Committee of XCMG, Wang Yansong, vice president of XCMG
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relevant heads of Xuzhou and Pouso Alegre, and partners of XCMG Brazil Manufacturing Co. Ltd witnessed this great moment together.
XCMG Brazil Manufacturing Base is the first wholly-owned production base of XCMG in its internationalization process. Covering an area of 800,000 m2 and with the total investment of $200 million, this production base will boast the production capability of 7000 pieces of construction machinery each year, including cranes, excavators, loaders, road rollers and graders. The establishment of this production base will facilitate XCMG to accelerate its overseas expansion and global deployment as well as build a local XCMG in South America, which will lead to a larger production scale and a higher turnover. Accordingly, it will stimulate the development of the upper stream industry and lead Chinese enterprises engaged in construction machinery components to the global market.
Mr Cao Xinping said that XCMG focused on its global deployment and established the first large-scale company integrating purchasing, manufacturing and sales by benefiting from the rapid development of Brazil’s economy, sound political environment and a bright market prospect. Based in Pouso Alegre
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XCMG’s manufacturing base is an important advance of its international strategy as well as ties of friendship linking people in Pouso Alegre and Xuzhou. It will bring lots of positive benefits such as improving the economic level of Pouso Alegre, creating more jobs and helping relevant industries to develop. As an enterprise with high social responsibility, XCMG is always adhering to the philosophy of running business in a scientific way, paying tax according to the law, being kind to its employees, paying attention to safe production and protecting the environment. We sincerely hope that Pouso Alegre will regard XCMG as its own enterprise, and we believe that people in Pouso Alegre will provide high quality service for XCMG. I have every confidence that with the international cooperation, we will have more opportunities in the future, and XCMG will have a better prospect in Brazil!
President Wang Min said in his speech that Brazil and the American market are the top priority of XCMG’s internationalization process. Why does XCMG choose Brazil? There are twofold reasons. First, Brazil is the sixth largest economy in the world, which is abundant with great potential and prime opportunities for major construction projects. Second, with the well-established marketing and sales networks in Brazil and America as well as a large group of regular clients, XCMG has a turnover of about $200 million in Brazil, which enjoys rapid and sustained growth. It is estimated that XCMG Brazil Manufacturing Base will have been completed and put into production by 2013, and its turnover will be $500 million in 2015.
President Wang Min stressed that XCMG Brazil Manufacturing Base will uphold the principle of integrity and win-win cooperation by making good relationships with the local government, local people, local distributors and the end users, looking to the future and seeking common development. XCMG will try its best to bring good economic and social benefits to Pouso Alegre, Minas Gerais and even the whole Brazil with its good quality products and services.
Leaders and guests participated in the ground-breaking ceremony of XCMG Brazil Manufacturing Base.
