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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (39252)8/26/2008 8:02:19 AM
From: elmatador  Respond to of 217975
 
Thanks for that split! Fact vs. analysis. I have been seeking for that split and was never able to articulate it.



To: TobagoJack who wrote (39252)8/26/2008 2:04:22 PM
From: elmatador  Respond to of 217975
 
Chinese Sany group plans to produce heavy machinery in Brazil [ 2008-08-26 ]

Sao Paulo, Brazil, 26 Aug – Chinese group Sany plans to buy a plot of land to set itself up in the Campinas region of the Brazilian state of Sao Paulo, the group’s sales and marketing director, Shen Chao told newspaper Folha de São Paulo.

"The acquisition will be concluded by the end of this year,” said Shen, adding that the group planned to invest around US$100 million in the project.

The paper added that the increased value of the real, which increases the price of products made in Brazil, was the basis of the interest of Chinese groups in investing in building production units in Brazil.

The paper also said that around 20 brands of heavy machinery for construction and mining compete in the market and that between January and July of this year 8,195 units of heavy machinery were sold, a year on year increase of 54.6 percent.

The Sany group, one of China’s biggest construction machinery groups, was set up in 1986, and its headquarters are in Changsha, the capital of Hunan province. (macauhub)