Trelleborg to Invest in Brazil Automotive Seals Plant
As part of its long-term strategy of investing in markets offering favourable growth potential, Trelleborg has announced plans to further strengthen its presence in Brazil. On November 16 the company inaugurated a new facility near São Paulo, where the manufacture of high-performance seals for such items as aircraft and passenger cars, as well as for industrial applications, will take place. The plant is part of the Trelleborg Sealing Solutions business area and will initially employ about 100 staff.
“We believe that Latin America has highly favourable long-term growth opportunities, and Brazil is one of the principal countries in the region,” said Trelleborg president and CEO Peter Nilsson. “Between the years 2005 and 2008, we doubled our sales in Brazil and it is our view that the overall potential in the area remains good.”
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