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Renault Argentina announces a plan of investments of $ 500 millions

For admin · 07.07.09 · Category: Companies, Renault, Last News
www.thestreetpros.com 265 h=x plantarenault Renault Argentina announces a plan of investments of $ 500 millions

The project includes the manufacture of a new model and the modernization of his industrial plant of the Province of Cordova between 2009 and 2011.

The plan of investments that Renault will develop Argentina comprises $ 335 millions for the manufacture of a new model and $ 165 millions for the modernization of his industrial plant and his logistic means, what includes the substitution and modernization of machineries, the local integration of pieces, edilicias progress and civil works.

The new vehicle that will be made will have a high valuation of national integration for which there were invested $ 35 millions in weight in the pieces location. It is anticipated that 80 % of the entire production will be destined for the exportation towards the markets of America, since Santa Elizabeth was chosen like the factory that it will supply to the whole region.

At present Santa Elizabeth produces about 60.000 units a year, what represents 14 % more than in 2006. In his manufacture line up there find the Clio, Symbol and Kangoo in his versions passenger and van.

This factory was founded in 1955 and it exports at present Brazil, Mexico, Colombia, Chile, Uruguay, Paraguay and Peru between others.

Source: Press Renault Argentina


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