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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (493)	12/24/2011 1:20:26 AM
From: elmatador	Read Replies (1) \| Respond to of 2508

Magna Buys Four Chassis Plants in Brazil from ThyssenKrupp Automotive Systems, expanding its network in South America and allowing it to increase its supply to automakers in the region. ThyssenKrupp Automotive Systems Industrial do Brasil Ltda. (TKASB) manufactures and assembles front suspension systems and front- and rear-control arms for Ford Motor Co., Fiat, Renault-Nissan, Honda, and PSA. Magna Buys Four Chassis Plants in South America Robert Brooks 12/06/2011 Tier One automotive supplier Magna International Inc. (NYSE: MGA) is buying four plants in Brazil from ThyssenKrupp Automotive Systems, expanding its network in South America and allowing it to increase its supply to automakers in the region. ThyssenKrupp Automotive Systems Industrial do Brasil Ltda. (TKASB) manufactures and assembles front suspension systems and front- and rear-control arms for Ford Motor Co., Fiat, Renault-Nissan, Honda, and PSA. The value of the purchase was not announced. The four Brazilian plants will become operations of Magna’s Cosma International operating unit. Magna already has nine manufacturing plants and two R&D centers in South America, with approximately 3,650 employees. The TKASB plants have a total employment of 770. TKASB’s has been part of ThyssenKrupp’s Bilstein Group, which produces chassis structural components and modules. Earlier this year, ThyssenKrupp announced plans to sell off several businesses in order to focus on the automotive markets, and to combine the Bilstein and Presta Steering businesses, together with its springs and stabilizers businesses, and the Brazilian automotive systems business. "The acquisition represents a significant commitment to the South American automotive market and our global OEM customers," stated Horst Prelog, president of Cosma International. "Our world-class manufacturing expertise combined with an expanded footprint in South America, provides us with the ability to immediately support the local and global platforms of our OEM customers." Magna supplies a wide range of automotive systems and components worldwide. Cosma manufactures a variety of metal body systems, components, and assemblies, including vehicle frames, chassis systems and body-in-white systems. Its operations perform numerous production processes, including hydroforming, stamping, and roll forming. Recently, Cosma bought Grenville Castings in Perth, Ont., a low-pressure casting and permanent mold foundry that produces aluminum automotive components, including thin-wall and hollow-core castings. Currently, Cosma is closing a purchase of four aluminum diecasting operations in Central Europe from BDW Technologies.

To: Cogito Ergo Sum who wrote (493)	12/24/2011 1:46:44 AM
From: elmatador	Read Replies (1) \| Respond to of 2508

Emerging markets put heat on Canada’s aerospace sector Customers are asking us to look at opening a division or partnering with someone in an emerging market to reduce costs.” Meeting the challenge of aggressive new rivals, especially in the so-called BRIC countries of Brazil, Russia, India and China, is an issue that more and more Canadian aerospace companies have to grapple with, according to a new study. Emerging markets put heat on Canada’s aerospace sector bertrand marotte MONTREAL— From Tuesday's Globe and Mail Published Monday, Dec. 19, 2011 9:55AM EST Last updated Monday, Dec. 19, 2011 6:54PM EST Montreal aerospace parts supplier Alta Precision Inc. feels the heat from new competitors in emerging markets. “It’s a big concern for us,” says Giovanni Bevilacqua, vice-president of business development at the manufacturer of landing-gear components. “We feel threatened by it. Customers are asking us to look at opening a division or partnering with someone in an emerging market to reduce costs.” Meeting the challenge of aggressive new rivals, especially in the so-called BRIC countries of Brazil, Russia, India and China, is an issue that more and more Canadian aerospace companies have to grapple with, according to a new study. Some have already taken steps. Canadian giant Bombardier Inc. recently announced plans to build a facility in low-cost Morocco and has been present in Mexico for several years. Longueuil, Que.-based parts manufacturer Héroux-Devtek Inc. has followed Bombardier – a major customer – to Mexico. Canada’s aerospace manufacturers must increasingly plan for this new threat from companies in developing countries that are eager to participate in the next big wave of aircraft orders around the world, says a Conference Board of Canada report. “The Canadian industry is facing growing and fierce competition as new players enter the market. For example, China and India are building their own aircraft, with the strong financial and regulatory support of the their national governments,” says Lin Ai, an economist at the think tank and author of the fall industrial outlook for aerospace in Canada. “What Canadian companies need to do is invest a lot in R&D and equip themselves with the most advanced technologies and also try and secure more customers outside North America,” she said. The Asia-Pacific market will be the largest market for aircraft over the next 20 years, says the report. COMAC of China is developing the C-919, a direct competitor to Bombardier’s all-new, fuel-efficient single-aisle C Series jet, it warns. Russia is developing the Sukhoi Superjet, which will go head-to-head against Bombardier’s CRJ regional jets as well as Brazilian rival Embraer SA’s E-Jets, it adds. The study cautions, however, that uncertainty remains over when several of these new aircraft will become available and how well they will do in terms of performance and sales. U.S. aviation consultant Richard Aboulafia remains skeptical over the extent to which these new aerospace players represent a true threat. “India is a non-player. China is a disaster so far. Russia is trying to get back to where they were and Brazil has been a competitive threat to Canada for decades,” he said. On the regional-jet front, the real threat to Bombardier, for example, has been from Embraer and French-Italian firm ATR, he says.