The FUSO Canter Truck plant in Tramagal, Portugal, celebrated its 50th anniversary in early February. The original plant was started as a joint venture in 1964 by the Portuguese Duarte Ferreira firm and French manufacturer Berliet. Though the original collaboration with Mitsubishi occurred in 1980, the company wasn’t acquired by Mitsubishi until 1996. In 2004, Daimler bought the controlling shares of the company. The plant has over 300 employees and has produced more than 200,000 vehicles in its 50-year history. Over the past four years, Daimler Trucks has invested approximately US$37 million (€27 million) to transform and modernize production operations and further develop the FUSO Canter, the best-selling truck in the company’s truck portfolio. Nearly 95 percent of the vehicles are exported, primarily to Germany, the UK and France.
World Reports
Tramagal, Greenest Countries, Novelis in Brazil, IBM in Africa
by Patty Rasmussen
Related Articles
The Better Buildings Bandwagon
President Barack Obama on Dec. 2 stood in a Transwestern property in the nation’s capital to announce nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next two years.
Transforming India @75
Driven by Demand, Demographics, Development (3Ds) - the world’s largest democracy is set to emerge as a global business and investment destination as it turns 75 by 2022.
Success In Short Order
A still-new business creation program is already making a big impact.
Editor’s View: ‘Wonderful in Their Own Ways’ Doesn’t Keep Businesses in Town
Editor in Chief Mark Arend says business leaders in some areas have a lot more to battle against than a pandemic.
CASE STUDY: PENNGLOBE: Connecticut Manufacturer Sparks Light-Bulb Moments with Innovative Workforce Development Program
A Connecticut manufacturer sparks light-bulb moments with an innovative workforce development program.