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Home Aço Verde do Brasil will invest BRL 1,7 billion to build a Metal Mechanic Center in Maranhão and is expected to generate 8 jobs

Aço Verde do Brasil will invest BRL 1,7 billion to build a Metal Mechanic Center in Maranhão and is expected to generate 8 jobs

28 February 2022 to 11: 33
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AVB - Green steel from Brazil - jobs - investments - Maranhão
AVB aerial view (Photo: Disclosure)

Aço Verde do Brasil is bringing jobs, income, technology and development to Maranhão after announcing the application of R$ 1,7 billion in investments in the municipality of Açailândia for the next 10 years

Aço Verde do Brasil (AVB) told the Government of Maranhão that it will privately invest around R$ 1,7 billion over the next 10 years in the city of Açailândia, in the Tocantina Region, in the installation of a Metal Mechanic Pole. The company estimates that more than 2 direct jobs and 6 indirect jobs will be generated with investments in the municipality of Maranhão.

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Polo Metal Mecânico will feature 40 lots ranging from 19 to 37 m²

The company already operates in the municipalities of Açailândia, Barra do Corda, Grajaú, Urbano Santos, Chapadinha, among others in Maranhão. Aço Verde Brasil is the first producer in the carbon neutral steel industry in the world and takes sustainability as its main manufacturing philosophy.

According to the president of the Board of Directors of Aço Verde do Brasil, Sílvia Nascimento, the company believes in Maranhão and will apply investments of 1,7 billion in the next 10 years to develop a Mechanical Metal Pole in Açailândia, generating around 2 thousand jobs direct and 6 indirect, offering the municipality of Maranhão development, new job opportunities and a lot of state-of-the-art technology.

Aço Verde Brasil's investments in the Metal Mecânico Pole are limited to the installation of an industrial "condominium" with 40 lots of 19 to 37 m² where several companies, which are involved in the project, will be able to work with activities aimed at steel production in Maranhão.

Companies will settle in Maranhão later this year

Throughout this year, two companies will have already set up shop at the Aço Verde Brasil Mechanical Metal Pole, generating jobs and starting their industrial activities, such as the manufacture of wires for the agricultural sector and also wires for the nail line, according to management of Maranhão.

The company's Mechanical Metal Pole in Açailândia will have the following steel processing activities:

  • Reinforced Concrete Precast Line;
  • Screens, Trusses, annealed wire;
  • Civil Construction Line;
  • Industry Line;
  • Agricultural Line: oval wires for fences, springs for mattresses, wire for cellulose baling;
  • Welding wire, galvanized wire, nails and barbed wire;
  • Line of metallic fasteners.

About Aço Verde do Brasil

AVB is part of the Ferroeste Group and was born as a competitive steel player with a focus on sustainability, being the first company in the world to produce steel without using polluting fuels, avoiding the emissions of millions of tons of CO2 into the environment through the use of coal sustainable vegetable.

Its major pig iron production center is the city of Açailândia, in Maranhão, capable of producing 1 million tons per year. The company has been operating in the state since the early 90s and currently generates jobs for more than 2.300 people. The company has favorable logistics of raw materials, roads, railways, electricity and ports.

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