# Stihl increases investment to R$500 million for factory expansion in São Leopoldo

Stihl announced an increase in investment to R$500 million for the expansion of its factory in São Leopoldo, Brazil, up from R$300 million. The new Research and Development Center will be inaugurated on November 5, 2018, and construction of a new 13,000 m² building for product assembly will begin.

- Type: Expansion
- Announced: 2018-06-21
- Where: São Leopoldo, Rio Grande do Sul, Brazil
- Value: $130.0M (500.0M BRL)
- Starts operating: 5 Nov 2018
- Status: announced
- Capacity: 13,000 m² new building
- Products: chainsaws, power tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Stihl](https://endata.com/companies/18755.md)

## Sources

- [estado.rs.gov.br](https://estado.rs.gov.br/stihl-aumenta-investimentos-para-r-500-milhoes-na-ampliacao-da-sua-fabrica-em-sao-leopoldo), 2018-06-21: "O presidente da multinacional alemã no Brasil, Cláudio Guenther, confirmou investimentos na ordem de R$ 500 milhões até 2022."

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