YTO Group to build tractor factory in Caruaru, Brazil

YTO Group, in partnership with AGF Tratores, will build a tractor factory in Caruaru, Pernambuco, Brazil. Initial investment is R$ 150 million, potentially reaching R$ 500 million, creating 600 direct jobs (up to 3,000). Construction starts in 2024, with operations expected by end of 2026.

“O YTO Group, um dos principais e mais antigos fabricantes de máquinas agrícolas da China, assinou Protocolo de Intenções com o Governo de Pernambuco com investimento inicial de R$ 150 milhões, podendo chegar a R$ 500 milhões.”adepe.pe.gov.br

• 1 source
• adepe.pe.gov.brYTO GROUP// FÁBRICA DE TRATORES COM CAPITAL CHINÊS APORTA EM CARUARU - ADEPEJun 3, 2024

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