NCR announces plans to build new ATM plant in Brazil
June 15, 2009
Finextra:NCR Corp. says it will invest BRL $73 million (U.S. $37.5 million) to build a new manufacturing plant in Brazil that will create 250 new jobs. NCR says the site will produce ATMs for the Brazilian, Latin American and Caribbean markets, with production slated to begin by the end of the year. The new plant will take over production currently outsourced to a local contract manufacturer. Brazil is the third-largest ATM market in the world and is expected to grow 16 percent by 2012.
