# XCMG to expand plant in Pouso Alegre, Brazil with R$270M investment

XCMG announced an expansion of its factory in Pouso Alegre, Minas Gerais, Brazil, with an investment of R$270 million. The expansion is expected to create 150 permanent direct jobs and 315 temporary jobs. A protocol of intentions was signed with the state government.

- Type: Expansion
- Announced: 2023-11-09
- Where: Pouso Alegre, Minas Gerais, Brazil
- Value: $54.0M (270.0M BRL)
- Jobs: 465
- Status: announced
- Products: cranes, tractors, trucks
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [fiemg.com.br](https://www.fiemg.com.br/noticias/xcmg-anuncia-ampliacao-de-sua-planta-em-pouso-alegre/), 2023-11-09: "A XCMG vai investir também na criação de um centro de pesquisa e desenvolvimento em Minas Gerais."

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