Chinese company Pingle, which manufactures machinery for mills, will have a technical and commercial office and warehouse for storage of parts in Brazil starting in September, in order to establish a business base for Latin America, the company’s agent in Brazil told Reuters.
The investment in Ponta Grossa, State of Paraná, is relatively small, only US$1 million, but this will only be the initial phase of a project that in a second phase will include the construction of an assembly line for equipment produced in China, Luiz Valentim said.
Pingle currently supplies, from its factory in China, 36 industrial units in Brazil, where it is in competition with the Brazilian unit of Switzerland’s Bühler and Brazil’s Sangati Berga, which has a plant in Fortaleza (Ceará).
With the expansion of activities in Brazil, Pingle intends to benefit from a new phase of investments in the wheat milling sector, after about 45% of the units have undergone equipment modernisation that began in 2015.
With an assembly line in Brazil, Valentim said, the company will be able to assemble the machines according to the specifications of the customer, and may also have access to financing lines for national construction of industrial equipment.
In addition to equipment for wheat mills, Pingle also manufactures machines to mill grains such as corn, another market that the company intends to explore in Brazil. (macauhub)