Brazil’s High Tech Firm to Build Two Additional Factories

Brazil's EBCO Systems Brazilian high-technology EBCO Systems company announced that they will invest US$ 100 million in Brazil to expand the already existing structure and build another two factories to produce equipment for X rays used in the inspection of cargo containers.

The announcement was made at Brazil's Ministry of Development, Industry and Foreign Trade by company chairman Jacques Barthelemy, after a meeting with minister Miguel Jorge.

According to Barthelemy, the smallest of the factories, which received investment of US$ 20 million, should be installed in the state of Ceará, due to its geographic location and to fiscal incentives offered by the state.

"Ceará is an export hub that is geographically very well located and the cost of transport of these machines is crucial in the establishment of prices. That is why there is such interest in the state, which also has other fiscal advantages," he said.

The site for the other factory, according to the chairman at EBCO Systems, is still under study. According to Barthelemy, both enterprises should generate 300 jobs for highly qualified labor.

A large part of the X-ray equipment for cargo inspection used by the Brazilian customs is produced by EBCO Systems. The company also intends to finance US$ 150 million in more modern machinery.

EBCO opened its doors in 1981, initially commercializing airport equipment. During this period they developed projects in Rio's international airport Galeão as well as São Paulo's Guarulhos airport.

In the mid 1990s, the company started selling X-ray systems for the inspection of cargos and luggage. They eventually evolved to manufacture more sophisticated equipment geared to inspect pallets and containers in Brazilian ports.

At the same time they developed equipment adapted for the food and drug industries to detect in a non-invasive way the contents of packages, being able to show the presence of explosives and illegal drugs.

ABr

Tags:

You May Also Like

Brazilian President Lula Repeats He’s No Chavez and Will Get Out in 2011

Once again the president of Brazil, Luiz Inácio Lula da Silva. has ruled out ...

Brazil Anticipates Record Crop but Less Profits

The Agriculture minister of Brazil, Reinhold Stephanes, anticipated a "record 2008/09 grain crop" close ...

Minister Sees 2006 as a Green Year for Brazil

Brazil’s Minister of Agriculture, Roberto Rodrigues, says that with changes in macroeconomic policy and ...

Body Shop & a no-kosher business in the jungle

Thanks in great part to its “green” image British company Body Shop has prospered ...

Raising Interests Shouldn’t Be Brazil’s Only Way to Fight Inflation, Says Minister

The Brazilian government is considering additional anti-inflationary measures such as tax breaks and lower ...

China Will Be Moving on Brazilian Oil

Petrobras (Brazilian Petroleum S.A.) announced the signing of a contract to supply 12 million ...

Brazil’s Tropical Flower Growers Hopeful to Get European Clients Back

Twenty tropical flower growers from the state of Alagoas want to start exporting again ...

It’s Time Brazil Adopts a More Flexible Monetary Policy, says BNDES Chief

“Now that inflation is under control in Brazil, we can adopt a more flexible ...

Brazil: We Saw the Future. It Wasn’t Good.

The Day of the Teacher, the day of the future, must be a day ...

Linux and Free Software Spawn a New Generation of Brazilian Artists

Music production has gained strength in Brazil. A visit to address www.studiolivre.utopia.com.br (in Portuguese) ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`