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New Logistics Center Will Bring More Development, Jobs, and Tax Revenue to the State and Municipality of Bahia
Good news for professionals in Bahia, two thousand direct and indirect job vacancies will be generated for the construction of warehouses at Golgi’s new logistics center. The company will open its first logistics center in the Northeast and chose the Industrial Center of Aratu, in Simões Filho, as its location.
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More than 300 million reais will be invested in Golgi’s new logistics center, which will occupy an area of 330,000 square meters and have approximately 130,000 square meters built. According to Golgi, its newest venture will generate more than two thousand job vacancies during the construction phase and over 1,500 direct jobs during its operation.
New Logistics Center Will Bring More Development, Work, and Tax Revenue to the State and Municipality
Golgi has finalized a long-term sale and leaseback operation with Avon, in which the cosmetics company will continue to operate its logistics center while Golgi will develop and build new warehouses in the remaining area, bringing more development, jobs, and tax revenue to the state and municipality of Bahia.
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Today, much of the economic activity revolves around industrial logistics centers, and during the Covid-19 pandemic, this sector has shown resilience and found opportunities for growth.
As a specialist in logistics industrial spaces, Golgi’s clients and tenants include multinational giants such as Amazon, FIAT, Mercedes, B2W, Bridgestone, Portobello, Suzano, Braskem, and Carrefour, among others.
Golgi Chooses Bahia for Its Entry into the Brazilian Northeast
Bahia was the state chosen by Golgi for its entry into the Brazilian Northeast due to its potential for absorbing logistical-industrial warehouses, resulting from the presence of a large consumer market in what is the largest territory in this important region of Brazil.
Despite the Covid-19 pandemic, Golgi continues to invest in Brazil and has high expectations for excellent results in Bahia.
Currently, Golgi has nine logistics ventures that together amount to more than 1.4 million square meters of leasable area. The ventures are located in São Paulo, Rio de Janeiro, Minas Gerais, and the Federal District.
Not Everything Is Rosy, After Ford Exits Brazil and Halts Car Production, Camaçari Faces Factory ‘Dismantling’ and 7,500 People Expected to Lose Their Jobs
Following the announcement by American multinational Ford to exit Brazil and halt car production in Camaçari, Bahia, auto parts companies in the city are already dismantling their factories, and around 7,500 people are expected to lose their jobs in the city.
The challenge is that direct suppliers to the American multinational do not believe another manufacturer will replace the automaker in the short term, and they are focused on stemming immediate losses, such as personnel and warehouse rental costs. These companies are also negotiating with Ford for a solution to the backlog of products and supplies.
These manufacturers employed more than 3,000 direct workers in Camaçari, Bahia. This number is not far from the 4,050 direct employees at Ford’s factory. Together, the figures indicate the approximately 7,500 people who are expected to lose their jobs in the city.
The superintendent of the Federation of Industries of Bahia (Fieb), Vladson Menezes, states that these positions represent about 4% of industrial jobs in Bahia. Data from the Monthly Industrial Research (PIA-IBGE) show that in 2018, Ford and its suppliers had 8,630 direct employees. The reduction reflects the diminished market share of the automaker in Brazil.
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