# Maxion Wheels expands aluminum wheel production in South America

Iochpe-Maxion, through its Maxion Wheels business, announced strategic expansion of light vehicle aluminum wheel production in South America, including redeployment of global assets to Brazil and acquisition of a 50.1% stake in Polimetal in Argentina.

- Type: Expansion
- Announced: 2025-11-03
- Where: Santo Andre, Limeira, Brazil
- Status: announced
- Products: aluminum wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Iochpe-Maxion](https://endata.com/companies/37971.md)
- [Polimetal](https://endata.com/companies/88219.md) (target)

## Sources

- [iochpe.com.br](https://www.iochpe.com.br/en/news/maxion-announces-strategic-actions-to-serve-growing-demand-for-light-vehicle-aluminum-wheels-in-south-america/), 2025-11-03: "To address this growing market and corresponding aluminum wheel demand, Maxion Wheels is implementing three strategic initiatives."
- [businesswire.com](https://www.businesswire.com/news/home/20251103319150/pt), 2025-11-04: "A segunda é a realocação de ativos mundiais existentes para nossas duas fábricas brasileiras de rodas de alumínio para veículos leves em Santo André e Limeira."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.