# Mahindra to build tractor assembly plant in Araricá, Brazil

Mahindra do Brasil announced construction of a new tractor assembly plant in Araricá, Brazil, with an initial investment of about $11 million, expected to reach $20 million over five years. Annual production capacity is 8,000 units, and the plant will serve the Brazilian and Mercosur markets.

- Type: New facility
- Announced: 2024-03-06
- Where: Araricá, near Porto Alegre, Brazil, Brazil
- Value: $11.0M
- Status: announced
- Capacity: 8,000 units per year
- Products: tractors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mahindra & Mahindra](https://endata.com/companies/30042.md)

## Sources

- [world-agritech.com](https://world-agritech.com/2024/03/06/mahindra-to-build-plant-in-brazil/), 2024-03-06: "Producers are realizing Mahindra's global strength. They are looking for partnership with the brand."

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