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Non-Tech : The Brazil Board

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From: elmatador1/31/2012 3:05:58 PM
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Speeding into the growing world
After successfully establishing its agriculture and forestry equipment business in Brazil, Deere smartly decided to tap the huge opportunities the Brazilian construction market is brimming with. Brazil has swept the entire industry off its feet. Think of crane maker Manitowoc (NYSE: MTW ) , which is building a 250,000-square-foot crane plant near Paso Fundo that should help the company tap into infrastructure opportunities including the huge demand created by the 2014 World Cup and 2016 Summer Olympics, both in Brazil. Terex (NYSE: TEX ) agreed to acquire a stake in Ritz do Brazil, an equipment maker for power lines, and is also waiting for the pause in government financing for its Brazilian-based road building business to end soon.

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