# Randoncorp inaugurates Castertech foundry in Mogi Guaçu, Brazil

Randoncorp inaugurated a new Castertech foundry and technology unit in Mogi Guaçu, São Paulo, with an initial investment of about R$130 million. The plant has a built area of 10,000 m² and capacity to produce over 22,000 tons per year and 350,000 brake drums annually.

- Type: New facility
- Announced: 2024-11-27
- Where: Mogi Guaçu, SP, Brazil
- Value: $24.0M (130.0M BRL)
- Starts operating: 27 Nov 2024
- Status: completed
- Capacity: 22,000 tons per year; 350,000 brake drums per year
- Products: cast iron brake drums, cast and machined parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Castertech Fundição e Tecnologia](https://endata.com/companies/64174.md)
- [Randoncorp](https://endata.com/companies/80495.md)
- [Castertech](https://endata.com/companies/81414.md) (partner)

## Sources

- [eaemaq.com.br](https://eaemaq.com.br/noticias-do-mercado/randoncorp-inaugura-unidade-da-castertech-em-mogi-guacu-sp/), 2024-11-27: "Faz parte da missão da Randoncorp contribuir para o desenvolvimento das comunidades em que atua, por isso ficamos satisfeitos em ampliar as operações da Castertech para Mogi Guaçu."
- [itapiranews.com.br](https://www.itapiranews.com.br/randoncorp-inaugura-parque-fabril-da-castertech-em-mogi-guacu-com-presenca-do-governador/), 2024-11-28: "Nós viemos pra ficar, nós viemos pra crescer dentro deste estado e principalmente dentro desta cidade maravilhosa."

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