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| Year 2 - number 5 - February 01st , 2010 |
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| MWM INTERNATIONAL closes 2009 having produced 112 thousand engines | ||
The company achieved a production volume of 112 thousand engines in 2009 and expects to increase this figure by 16% this year. This result exceeded expectations for a quite unusual year, signaled by the financial crisis that affected the automotive industry, among others. For the next five years, the Company aims at investing US$ 345 million to meet demand for new technologies in products and processes. With reference to exports, the Company closed 2009 having achieved US$ 180 million and estimates an increase of 11% for the current year. |
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| The Company leads diesel engine production in Mercosur region | ||
MWM INTERNATIONAL closed 2009 with 35% of market share in the production of diesel engines in Mercosur region. The company made its mark in the wheel-tractor segment with 49% of market share, which results 32% better compared to 2008, when the percentage achieved was 37% of segment share. MWM INTERNATIONAL also maintains leadership in commercial vehicles sector, with a participation of 22%. In medium pick-up and SUV segment, the Company achieved 32% of market share, while in buses, the participation was 31% closing 2009. |
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| MWM INTERNATIONAL adds new staff |  |
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| The Company hired 200 new employees by the end of 2009. 150 vacancies we assigned to Santo Amaro facility (SP) and 50 to Canoas (RS) to primarily serve in the manufacturing area, which has been quite busy during the last months, in light of the fast domestic market recovery in Brazil. Among some of the factors driving demand increase, the Company stresses industrial production growth, labor market recovery, income expansion, better credit offer, government incentives and investments in infrastructure. |
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| What is EGR? | ||
The acronym EGR stands for Exhaust Gas Recirculation. It is a system present in leading-edge engines for reduction of NOx (nitrogen oxide) gas emissions purposes, as it is considered to pollute the atmosphere. NOx is formed by the reaction of nitrogen and oxygen under high temperature inside engine combustion chamber, and is expelled through the exhaust system. A valve in this system, electronically controlled by the engine system, returns part of the exhaust gases to the cylinders. The mixture of both gases in admission air reduces the amount of oxygen and lowers fuel peak temperature, preventing NOx formation and, therefore, reducing gas emissions into the environment. |
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