Marcopolo, Daimler Invest $20 Million In Mexican JV
Polomex, the joint venture between Brazilian bus manufacturer Marcopolo and Daimler, has invested $20 million to expand its plant in Garcia, Mexico. The investment will be used to create a new line for manufacturing the Paradiso and Viaggio buses.
“We are the first Marcopolo unit out of Brazil and we have already started to completely assemble these vehicles.” said Rodrigo Pikussa, general manager at Polomex. “Before that, the buses weren’t totally made in Mexico. The bus bodies used to come partially assembled from Brazil and were finalized here.
“With this investment, we created new jobs and will be able to expand the models sales locally.”
Polomex was opened in 1999 and manufactures road and urban buses for the Mexican market. It recently celebrated a milestone with the assembly of its 25,000 vehicle. In 2012, the company said it manufactured 1571 units, 27% head of the 1234 vehicles assembled in 2011.