Economy
In Caxias do Sul, several small, medium, large and multinational companies were founded. The city is recognized as an Entrepreneurial-Exporting Hub in the country. Some of these companies are:
- Marcopolo (buses and truck frames, present in six countries)
- Randon S.A. - Implementos e Participações is a mixed holding company, leader of a group of seven companies that employ a workforce of 6,6 thousand employees. They operate in the sectors of road equipment / railway wagons / specialty vehicles/ auto parts/ automotive systems, and services;
- Agrale S/A which owns 4 industrial plants, being the only Brazilian company with 100% national capital making vehicles, tractors and diesel engines;
- Tramontina silverware company based in Carlos Barbosa with plants throughout Brazil;
- Grendene, a manufacturer of shoes based in neighboring Farroupilha;
- Todeschini, a manufacturer of furniture based in nearby Bento Gonçalves, the wine capital of Brazil;
- Hyco Hidrover, a manufacturer of hydraulic cylinders for mobile applications.
The per capita income in Caxias do Sul is one of the highest in Brazil according to IBGE.
Read more about this topic: Caxias Do Sul
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)