# XCMG to expand Pouso Alegre plant with R$30M investment

XCMG signed a protocol of intentions with the city of Pouso Alegre to expand its facility, investing about R$30 million and creating 360 direct and 100 indirect jobs by 2027.

- Type: Expansion
- Announced: 2023-07-14
- Where: Pouso Alegre, Brazil
- Value: $6.25M (30.0M BRL)
- Jobs: 460
- Starts operating: 2027
- Status: announced
- Products: construction machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [XCMG](https://endata.com/companies/15137.md)

## Sources

- [jornaldiarioregional.com.br](https://jornaldiarioregional.com.br/2023/07/17/mais-de-400-novos-empregos-prefeitura-e-xcmg-firmam-protocolo-para-expansao-da-empresa/), 2023-07-17: "A Prefeitura e o Grupo XCMG assinaram o Protocolo de Intenções que tem como objetivo a expansão da empresa em Pouso Alegre, aumentar a capacidade produtiva e gerar cerca de 360 empregos diretos e 100 indiretos até 2027."
- [forumchinaplp.org.mo](https://www.forumchinaplp.org.mo/en/economic_trade/view/1421), 2023-07-21: "According to the municipal administration, the new investments should increase the production capacity of the Chinese heavy machinery manufacturer and generate around 360 direct and 100 indirect jobs by 2027."

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