en.Wedoany.com Reported - German multinational company Schomäcker will build a new factory in the Perini Business Park in Joinville, Santa Catarina, Brazil, with an initial investment of 205 million reais, expected to create 105 direct jobs. The company, headquartered in Melle, Germany, will produce high-strength springs and metal components for commercial vehicles at its first factory in Brazil, using Industry 4.0 technology, with products targeting both domestic and international markets.

Santa Catarina Governor Jorginho Mello and Schomäcker co-manager Joachim Henrich Wilhelm Sommer signed a cooperation agreement. The agreement outlines strategic support from the state government, including logistics facilitation and assistance in finding local suppliers through Invest SC, the public agency for investment attraction in Santa Catarina. This signing provides institutional guarantees for foreign investors.

"We are introducing an innovative technology that reduces a production process that originally took three hours per piece to just three minutes. We manufacture the machines for this innovative process ourselves," Joachim explained.

The new factory in Brazil is expected to generate revenue of 339 million reais. The strategic plan anticipates expansion in the short term. Over the next five years, the company plans to invest an additional 317 million reais in local operations. The manufacturing plant will initially employ over one hundred people, with the workforce expected to nearly double by 2031.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com