Voestalpine to Build Two Track Switch Plants in Brazil

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…