Chinese brand Geely announced plans to start manufacturing its products in Uruguay, with a primary investment of $ 35 million . The project is the installation of an assembly plant for the production of between 8,000 and 10,000 units per year, according to the daily Ultimate Noticeable .
The Director of Industries, Sebastian Torres , told the newspaper that the project will employ around 300 workers and is expected in June confirmed the investment group to start manufacturing in mid-2012.
In a first step, arm the small model LC , which is currently marketed in Uruguay, and an SUV that has not been confirmed.
The investment group is taking steps to settle on a site adjacent to the factory Nordex in the Columbus area. Recall that in this site and are arming trucks Renault and Kia .
Recall that Geely International Corporation , in addition to being the new owner of Volvo and be present in Uruguay since 2008, is one of the Chinese automotive companies with higher growth in the last 50 years. Today it has a production capacity of 300 thousand units per year and complete plans to increase this figure to 500 thousand units in 2012.
There are now four automotive companies expressed their intention to invest in Uruguay so far in 2011.
