|
|
Article: Track record: private companies in Brazil take the lead in railroad revitalization.(Trade Lanes)(Caramuru Alimentos invests in the process)
- Article from:
- Revista Latin Trade
- Article date:
- May 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 Freedom Magazines, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Once the workhorse of Brazilian industry, railroads have run down over the past few years from lack of investment. Instead of waiting for the government to invest an announced US$2.7 billion to modernize the sector, which marked its 150th birthday last April, the lines' users have beam improving the country's train tracks themselves.
The largest Brazilian-owned grain Processor, Caramuru Alimentos, has invested $39 million over the last few years in infrastructure, $10 million of which bought 10 locomotives and 300 train cars to improve the company's logistical operations.
"Before the government announced this plan, we were already taking action," says ...
Related newspaper, magazine, and journal articles:
|
|
Article: Brazil: Caramuru invests in railroad transportation.
South American Business Information;
September 22, 2004 ;
532 words
...Brazil, Sep 21, 2004 (Valor Economico /SABI via COMTEX) The Brazilian Caramuru Alimentos has decided to focus on logistic - principally railroads - due to the bottlenecks that threatens the flow of the future crops ...
|
|