Gerdau Will Invest R$ 6 Billion to Expand Production in Minas Gerais State. About 6,000 Jobs Will Be Created

Written by Roberta Souza Published on 09/08/2021 at 12:24

Gerdau’s Investment to Expand Production Will Generate More Than 6 Thousand Jobs During the Implementation of Projects in Minas Gerais

Last Friday (06/08), Gerdau announced an investment plan of R$ 6 billion in the state of Minas Gerais over the next five years, for modernization, technological upgrades, and expansion of its local operations. With this investment, the company reinforces its commitment to sustainable, economic, and social development in the state and will generate more than 6 thousand direct and indirect jobs. Also see this news: To Expand Production Capacity, Gerdau Will Invest US$ 500 Million in Plant in Minas Gerais

Gerdau’s Investments in Minas Gerais

Gerdau’s investments will be divided into three axes: growth, technological upgrades, and diversification, with the improvement of environmental practices being a transversal premise of the announced program. This is a plan that will encompass all regions of Minas Gerais where the company operates, benefiting dozens of municipalities in steel production, mining, renewable energy production, and planted forest activities.

Two important investments in steel production expansion will occur in Ouro Branco, Minas Gerais, where the company has its main production plant. The unit’s annual production capacity of hot-rolled coils will be increased by 250 thousand tons/year, with production expected to begin in early 2024. Additionally, Gerdau is expanding the production of structural profiles by 500 thousand tons/year, doubling the current capacity, with production planned to start in 2025. This way, Gerdau aims to continue meeting the growing consumption of sectors that use these products in Brazil and Latin America.

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Modernization and Commitment to Sustainable Development

The investments will also be allocated to the improvement of environmental practices and technological modernization within the scope of Industry 4.0 across Gerdau’s entire industrial park in Minas Gerais, including not only the Ouro Branco unit but also the plants located in the municipalities of Barão de Cocais, Divinópolis, and Sete Lagoas.

For these mentioned units, Gerdau has an ambitious plan to use digital process and decision control tools, expand automation systems, use tools for energy efficiency gains, increase water efficiency, and modernize particulate emission control equipment, which will have a positive environmental impact on the communities neighboring these operations.

Gustavo Werneck, Gerdau’s CEO, states that this investment cycle in Minas Gerais is part of Gerdau’s global growth strategy and reflects innovation initiatives and the evolution of our sustainability strategy. With this investment, they also seek to sustain the competitiveness of businesses in the state of Minas Gerais, further strengthening the virtuous partnership with the local community, creating future opportunities in the region in the year the company celebrates its 120-year history, says the company’s CEO.

Gerdau’s Investments in a Photovoltaic Park

Gerdau also mentions that another investment included in the investment plan, in line with sustainability and business diversification, is the development of a photovoltaic park in the municipality of Brasilândia de Minas, in northern Minas Gerais. Gerdau and Shell Brasil signed a cooperation agreement that establishes the premises for the discussion and establishment of a joint venture.

With an installed capacity of 190MWdc, the Aquarii park will supply part of the clean energy to Gerdau’s steel production units and another part to be traded in the free market through Shell’s energy trading company, starting in 2024.

Gerdau Will Invest R$ 6 Billion to Expand Production in Minas Gerais State. About 6,000 Jobs Will Be Created

Gerdau’s Investment to Expand Production Will Generate More Than 6 Thousand Jobs During the Implementation of Projects in Minas Gerais

Gerdau’s Investments in Minas Gerais

Modernization and Commitment to Sustainable Development

Gerdau’s Investments in a Photovoltaic Park

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Gerdau Will Invest R$ 6 Billion to Expand Production in Minas Gerais State. About 6,000 Jobs Will Be Created

Gerdau’s Investment to Expand Production Will Generate More Than 6 Thousand Jobs During the Implementation of Projects in Minas Gerais

Gerdau’s Investments in Minas Gerais

Modernization and Commitment to Sustainable Development

Gerdau’s Investments in a Photovoltaic Park

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

They planted a sea of eucalyptus to produce cellulose, but the monoculture turned into a green desert, dried up springs and rivers, and pushed families out of regions in Minas Gerais and Bahia.

Júlia Pimentel, an 11-year-old from Minas Gerais, independently invented a new formula to calculate the square root using simple addition and multiplication, and her method was published in one of the most important mathematical scientific journals in Brazil.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Heir bought 23,000 degraded acres in the Scottish Highlands, fenced the area, planted nearly 1 million native trees, and transformed empty mountains into a forest officially recognized after meeting 15 evaluation criteria over 20 years.

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