# CNH Industrial to invest R$90M in Contagem factory

CNH Industrial, through Case Construction Equipment, will invest R$90 million (US$18.5 million) in its factory in Contagem, Minas Gerais, to transform it into a global supply center for crawler tractors.

- Type: Investment
- Announced: 2023-08-23
- Where: Contagem, Minas Gerais, Brazil, Brazil
- Value: $18.5M (90.0M BRL)
- Status: announced
- Products: crawler tractors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Case Construction Equipment](https://endata.com/companies/20114.md)
- [CNH Industrial](https://endata.com/companies/21837.md)

## Sources

- [en.clickpetroleoegas.com.br](https://en.clickpetroleoegas.com.br/cnh-industrial-2nd-largest-agricultural-equipment-manufacturer-in-the-world-will-invest-r-90-million-in-factory-in-minas-geral-to-boost-production-and-make-it-a-global-reference/), 2023-08-24: "This financial contribution... has the primary objective of transforming the factory unit into a significant global source of supply of crawler tractors."

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