Iochpe-Maxion - Overview

Overview

Iochpe-Maxion’s products are sold to more than 42 countries on five continents. Key destinations are the United States, Venezuela, Argentina, Canada, and Italy, which together accounted for 80% of the company’s exports in 2005. During this period, export sales totaled US$96 million (representing approximately 15% of the company’s net operating revenue), an increase of 103% in US dollar terms (61% in local currency terms) over the previous year, when exports totaled US$47 million.