Windfall do Brasil, Delivers First Product Shipment From Brazilian Facility
3 February 2000
Windfall do Brasil, Delivers First Product Shipment From Brazilian FacilityINDAIATUBA, Brazil, Feb. 3 -- Windfall do Brasil, a MascoTech, Inc. company , announced today the shipment of a new powder metal brake piston to Bosch Braking. The shipment is the first from the facility, which was established by Windfall Products in May 1999. "We are very excited to begin supplying Bosch in South America from our Brazilian operation," said Jose Correa Neto, Windfall do Brasil sales manager. "Shipping our first order from this facility has sent a powerful message. It demonstrates our commitment of creating exceptional value for Bosch, an important customer." The Brazil facility uses powder metal applications to manufacture small and medium sized structural and magnetic parts such as pistons for brake systems, starter motor components for starter motor applications and oil jet assemblies for diesel engines. Windfall do Brasil intends to produce parts for automotive component and system suppliers in the South American automotive market. Windfall also serves non-automotive customers. "There are great opportunities for new powder metal applications, conversions and localizing programs in South America. This first shipment signifies another step forward in making our vision a reality," said Marcos Dompieri, Windfall do Brasil general manager. "It is another sign that we are serious, and aggressively moving forward in satisfying the South American market, and it demonstrates our commitment to supporting our customers globally." On August 26, 1999, MascoTech announced the acquisition of Windfall Products, Inc. of St. Marys, Pennsylvania, a leading manufacturer of transportation-related powder metal components. The launch of Windfall do Brasil follows the recent completion of a powder metal parts plant in Ramos Arispe, Mexico, and the 1998 launch of a powder metal parts plant in Valencia, Spain, establishing MascoTech Sintered Components as one of the world's largest independent powder metal manufacturing companies, with eight facilities in Europe, North America and South America. MascoTech, Inc. is a diversified manufacturing company with world-leading metal forming process capabilities and proprietary product positions serving transportation and industrial markets. Visit MascoTech's website at http://www.mascotech.com . Press releases are available through Company News On-Call by fax, 800-758-5804, extension 535375, or http://www.prnewswire.com . MascoTech's press releases and other information are also available through our new toll-free number, 800-474-8324.