Gestamp to open seventh plant in Brazil

Apr 25, 2017   Tier Suppliers

Gestamp, a Spanish multinational specialising in the design, development and manufacture of metal components for the automotive industry, has set up a new hot stamping plant in Betim (Minas Gerais, Brazil).

The company has invested €24.9 million in the new facility that will serve Fiat Chrysler Automobile (FCA).

Gestamp will now be able to supply FCA from within the country. It will be supplying the Fiat Palio and Siena models with new specifications and the latest technology. Specifically, the new plant, which will also be equipped with laser cutting and assembly cells, will manufacture structural and body parts.

The facility, which is currently doing test runs and will be ready for mass production by Summer, will employ a total of 82 people by the end of 2017. The Betim plant's stamping line reinforces Gestamp's commitment to this technology in Brazil.

Loire Gestamp, the Group company specialised in the design and manufacture of press lines, was commissioned to design, produce and install the hot stamping line in the new plant, which includes a 1,200-ton press. This line includes automatic connections to change tooling, thermal imaging cameras and a monitoring system.

The President and CEO of Gestamp, Francisco Riberas, noted that "our commitment to the country remains intact" and he went on to say that he believes that "our presence in Brazil through plants currently in operation, and the new one that we are announcing now, will allow the company to grow in anticipation of the country's economic recovery."

The head of Gestamp added that the group "hopes to achieve sustainable growth in Brazil and is looking to satisfy its customers' demands with the highest quality and technology."

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