Voestalpine to Build Two Track Switch Plants in Brazil

Industrials › Basic Resources ♦ Published: February 22, 2012; 13:28 ♦ (Vindobona)

Voestalpine AG, Austria’s biggest steelmaker, plans to build two plants for rail-track switches in Brazil this year.

Voestalpine to Build Two Track Switch Plants in Brazil / Picture: © Voestalpine AG

The plants will be located in Sao Paulo and in Sao Luis and are being built together with local partners, according to a statement from the Linz-based company that confirmed a report in Der Standard newspaper earlier. The investment will be in the “two-digit-million-euro range,” Voestalpine said.

The steelmaker is increasing its presence in Brazil as the country boosts…

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