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Voestalpine to Build Two Track Switch Plants in Brazil
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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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