BMW authorizes construction of R $ 520 million factory in Santa Catarina

SAO PAULO-the President of BMW Group of Brazil, Arturo Piñero, made on Monday, 8, the official announcement of the first factory of automaker in the country, in Paraty (SC), with planned investment of 200 million euros (about US $ 520 million) and a production capacity of 32 thousand vehicles per year. The unit should generate revenues of $ 20 billion over the next five years, thousand direct jobs and 5 thousand indirect jobs.
The factory should be inaugurated by the end of 2014 and the first vehicles leave the Assembly line in early 2015. "BMW has operations in 13 countries, 28, a sales network in 140 countries and factories in England, Germany and United States. As a Brazilian, I can only be happy with the decision of the group, "said Piñero, in remarks at the event in the capital of Santa Catarina, with the presence of Ministers, among others, Fernando Pimentel (Industry Development and foreign trade) and Ideli Salvatti (Secretary of Institutional Relations).
Piñero did not reveal which model will be produced in the drive, but the first vehicle to leave the Assembly line of the Santa Catarina unit should be 1 series (the SUV X 1) or 3 series. "The factory means a deep commitment to the country, with relations with the local chains. Supporting the Government's decisions to transfer of technology, "said the Executive, referring to Innovate, Brazilian automotive system released last year.
In addition to the plant, BMW will have an Office and a training center of 8 thousand square meters in Joinville, which will be ready in July. The President of BMW Group of Brazil revealed that came from Santa Catarina Government decided to propose to the Assembly the vehicle factory construction.
"The State of Santa Catarina in spontaneously sought to say that would be the factory. The contract it worked and today we are here, "he said. "Discussions and adjustments will have to be made, but we will make a success story."