Iochpe-Maxion S.A. is an automobile components manufacturer based in

São Paulo São Paulo (; ; Portuguese for 'Paul the Apostle, Saint Paul') is the capital of the São Paulo (state), state of São Paulo, as well as the List of cities in Brazil by population, most populous city in Brazil, the List of largest cities in the ...

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

Overview

The company has 25 industrial units, three offices and nearly 19 thousand employees located in 14 countries. The Iochpe Maxion Group operates two divisions in the automotive sector: Maxion Wheels and Maxion Structural Components. Maxion Wheels manufactures and trades a wide range of

steel Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high Young's modulus, elastic modulus, Yield (engineering), yield strength, Fracture, fracture strength a ...

wheels for light and commercial vehicles and farm machinery, and

aluminum Aluminium (or aluminum in North American English) is a chemical element; it has chemical symbol, symbol Al and atomic number 13. It has a density lower than that of other common metals, about one-third that of steel. Aluminium has ...

wheels for light vehicles. Maxion Structural Components produces mainly sidemembers, crossmembers and complete chassis for commercial vehicles and structural stamped items for light vehicles. AmstedMaxion produces freight cars, wheels and railway and industrial castings for the railway sector. It operates through a joint venture.

History

Iochpe-Maxion was founded in 1918 in the state of

Rio Grande do Sul Rio Grande do Sul (, ; ; "Great River of the South") is a Federative units of Brazil, state in the South Region, Brazil, southern region of Brazil. It is the Federative units of Brazil#List, fifth-most populous state and the List of Brazilian s ...

. 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 Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...

, the company purchased the wheels business of Nugar S.A.P.I. de C.V., a Mexican company controlled by the CIE Automotive group.

Subsidiaries

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 Argentina, officially the Argentine Republic, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourt ...

Uruguay Uruguay, officially the Oriental Republic of Uruguay, is a country in South America. It shares borders with Argentina to its west and southwest and Brazil to its north and northeast, while bordering the Río de la Plata to the south and the A ...

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.

References

{{Reflist Automotive companies of Brazil Companies listed on B3 (stock exchange) Manufacturing companies based in São Paulo Engineering companies of Brazil Manufacturing companies established in 1918 Multinational companies headquartered in Brazil Defence companies of Brazil Wheel manufacturers Brazilian brands 1918 establishments in Brazil