RHI Begins Construction of First Plant in Brazil
Investment for its first phase will be EUR 85 million and the factory will create 200 direct and about 400 indirect jobs. The start of production is planned for the third quarter of 2013, the plant will occupy 120000 m2. It is expected that the new plant’s annual production will be 60000 t. Of this total, more than half will be for the domestic market and the rest shipped throughout Latin America. In 2010, 7 % of Group sales were in South America and the intention is to increase this percentage significantly. The company also plans to expand its capacities in a second phase, also creating more jobs. Currently RHI employs around 101 people in a strong sales team that operates in Belo Horizonte (9/2011).