Metallurgy Company to Invest $25 Million in New Aluminum Factory in São Paulo State

Written by Roberta Souza

Published on 29/07/2021 at 22:46

Sede da Termomecânica, em São Bernardo do Campo, SP/ Fonte: Termomecanica – Divulgação

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The New Aluminum Factory of Termomecanica Will Be Installed in the City of São Bernardo do Campo in the State of São Paulo

Termomecanica, a metallurgy company that processes copper and its alloys into semi-finished and finished products, will inaugurate a new factory next month, this time focused on the production of aluminum bars. With an investment of US$ 25 million, the plant located in São Bernardo do Campo, in the state of São Paulo, expects to start operations with a capacity to produce up to 30,000 tons of metal derivatives per year. Also see: With Billion-Dollar Investment, Minas Gerais Will Receive 3 Aluminum Can Factories

The Construction and Investments of the New Unit in the State of São Paulo

The investments included the construction of the factory in São Paulo, the acquisition of equipment, and the installation of new technologies. Currently, Termomecanica has a net worth estimated at over US$ 800 million.

The company’s president, Luiz Henrique Caveagna, stated that the factory’s focus is the energy distribution market. Today, Termomecanica can produce 80,000 tons of aluminum, copper, and their alloys. “This new production line represents an increase in our portfolio, including rebars, bars, and tubes. Our main niche is the energy market. Expansion works for transmission lines and distribution are segments where we want to be present.”

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Also See: Construction Material Manufacturer Announces Investments of R$ 2.5 Billion and Construction of a New Factory in the State of São Paulo

The city hall of Botucatu and Dexco (formerly Grupo Duratex) announced in a press conference the construction of a high-tech factory for ceramic coatings production in the city in the interior of São Paulo. With an investment of R$ 600 million and a production capacity of 10 million m² per year, the company will have its first factory with 4.0 technology since its inauguration.

All production lines of the new factory under construction will begin their operations already robotized, with self-diagnosis of machines and maintenance records via mobile. The unit will serve the brands Ceusa and Portinari, producing large-format ceramic tiles that can be used for countertops and facades, replacing marble slabs.

The construction of this new factory in São Paulo will complement the production of ceramic coatings from the company’s four units located in southern Brazil, in the state of Santa Catarina in the cities of Urussanga and Criciúma. The construction period is approximately two years. Dexco estimates the creation of 350 direct jobs in the region and plans to deliver the first line of products produced on-site by 2023.

The company’s investments in its units will total R$ 2.5 billion over three years. This includes R$ 500 million in the Wood Division, the company’s main business, R$ 1.1 billion in Deca, R$ 600 million in the new ceramic coatings factory construction, R$ 100 million for acquiring a minority stake in the ABC Construction network, R$ 100 million in a venture capital fund, and R$ 100 million in one-time investments. Besides increasing capacity, the investments will enable margin improvements.

Metallurgy Company to Invest $25 Million in New Aluminum Factory in São Paulo State

The New Aluminum Factory of Termomecanica Will Be Installed in the City of São Bernardo do Campo in the State of São Paulo

The Construction and Investments of the New Unit in the State of São Paulo

Also See: Construction Material Manufacturer Announces Investments of R$ 2.5 Billion and Construction of a New Factory in the State of São Paulo

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Metallurgy Company to Invest $25 Million in New Aluminum Factory in São Paulo State

The New Aluminum Factory of Termomecanica Will Be Installed in the City of São Bernardo do Campo in the State of São Paulo

The Construction and Investments of the New Unit in the State of São Paulo

Also See: Construction Material Manufacturer Announces Investments of R$ 2.5 Billion and Construction of a New Factory in the State of São Paulo

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