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YTO Group and AGF Tratores signed a protocol of intentions to build a tractor assembly plant in Caruaru, Pernambuco, Brazil. The joint investment is R$ 150 million, with production capacity of 120 tractors per month and creation of 600 direct jobs. Operations are expected to start by end of 2026.
“A escolha por Caruaru, em Pernambuco, foi pela recepção que nós tivemos para implantar a montadora.”movimentoeconomico.com.br
Summarized from public sources; check the original articles before acting on it.