Type Sociedade Anônima Industry Wheel
Rail | Traded as BM&F Bovespa: MYPK3 Founded 1918 | |
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Website www.iochpe-maxion.com.br Stock price MYPK3 (BVMF) R$ 15.43 0.00 (0.00%)14 Mar, 5:56 PM GMT-3 - Disclaimer Headquarters São Paulo, São Paulo, Brazil Subsidiaries Maxion Wheels Eaap Holding Gmbh | ||
Overview
The Company is a leading company in the production of wheels and structural components for light and commercial vehicles. There are also leaders in the segment of railway equipment in Brazil. The Group have 25 industrial units, 03 offices and nearly 19 thousand employees located in 14 countries. The Iochpe Maxion Group operate through 02 divisions in the automotive segment which is Maxion Wheels and Maxion Structural Components, and in the railway segment AmstedMaxion.
Contents
The Wheels division Maxion Wheels manufactures and trades a wide range of steel wheels for light and commercial vehicles and farm machinery, as well as aluminum wheels for light vehicles.
The Structural components division Maxion Structural Components produces mainly sidemembers, crossmembers and complete chassis for commercial vehicles and structural stamped items for light vehicles.
In the railway segment, is produced freight cars, wheels as well as railway and industrial castings through a joint venture AmstedMaxion
History
The Company was founded in "1918".
In August 2009, the Company purchased the wheels business of ArvinMeritor in Brazil, Mexico and the United States, which was then named "Fumagalli Division".
In December 2010, aiming at increasing its production capacity in Mexico, the Company purchased the assets relating to the wheels business of Nugar S.A.P.I. de C.V., a Mexican company controlled by the CIE Automotive group.
Maxion Wheels
Maxion Wheels has 20 facilities located in 14 countries around the world. The Company sells wheels to manufacturers of passenger cars and commercial highway vehicles.
(rif: company site )
Maxion Structural Components
Maxion Structural Components manufactures and sells structural components for trucks, buses, pick-ups, cars, tractors, agricultural machinery and off-road vehicles. Maxion Structural Components has nearly 5,000 employees and manufacturing 08 plants distributed in Brazil, Argentina, Uruguay and Mexico.
Amsted Maxion
A pioneer, AmstedMaxion serves all railways and their users in Brazil and abroad, including freight car leasing companies.In the largest steel casting plant of South America, parts of up to 6 tons are manufactured for application on machinery and industries of civil construction, mining, siderurgy, automobile and railway.