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November 02, 2015 01:00 AM

Dayco marks 15 years of growth in Brazil

Rubber & Plastics News Report
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    TROY, Mich.—Dayco Products L.L.C. is celebrating 15 years of its growing operation in Brazil.

    It has expanded its business and its brand by providing innovative technologies, quality products and high levels of service, the firm said.

    Today, the company has more than 500 employees in South America working at manufacturing plants, distribution centers and sales offices in Sao Paulo, Contagem and Itapira, Brazil, as well as Cordoba, Argentina, it said.

    A producer of engine products and drive systems, the firm began operating in Brazil in 2000 and in the last 15 years has become a market leader in drive belts, according to the firm.

    “We constantly strive to strengthen partnerships with our customers by being responsive to their needs and working hand-in-hand to learn what matters most to them,” said Joao Ramon, president of Dayco's South American business.

    What sets Dayco apart, he said, “is our ability to push the boundaries of endurance in the products and systems we create, and the value they generate for our customers.”

    In 2013, Dayco significantly expanded its operation in the country when it completed the acquisition of Nytron, a Brazilian-based manufacturer of drive belt and timing tensioners. The addition made Dayco the market leader in tensioners with the largest market share in South America, Dayco said.

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