Brazil's Randon to invest $1.2bn in five-year expansion plan

May 24, 2012 | 12:35 PM |

Brazil-based vehicle, railroad car and auto parts producer Randon Implementos e Participações has unveiled a five-year, 2.5 billion Reais ($1.2 billion) investment plan to boost revenues and expand capacities. The plan, to run from 2012 to 2016, includes a sizeable investment in the country’s southern state of Rio Grande do Sul. Randon expects to increase its gross revenue from the....

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