JUNDIAI, Brazil—Conveyor belt maker Correias Mercurio S/A Industria e Comercio has built and opened its second factory in Brazil to expand the company's manufacturing operation in the country.
It also has added new machinery at the site, located in Maraba, Brazil. Cost of the new conveyor belt factory was estimated at about $30 million by the firm, which operates another plant in Jundiai, where the company is headquartered.
Correias Mercurio is waiting to receive the necessary operating licenses in order to begin the test phase for conveyor belts it plans to produce at the new facility, according to CEO Cristina Kawall.
She said that because the firm already has met all the requirements and filled all the operating requests needed, “we expect production to start to ramp up to scale in the coming weeks. Production will grow gradually until we reach full capacity,” which is about 7,000 metric tons of conveyor belts annually.
Spanning about 129,000 square feet, the plant sits on a 538,000-sq.-ft plot on an estate that totals more than 2 million square feet and gives the company plenty of room for expansion should the need arise.