Iochpe-Maxion S.A. is an automobile components manufacturer based in São Paulo, Brazil.
Overview
The company has 25 industrial units, three offices and nearly 19 thousand employees located in 14 countries.
The Iochpe Maxion Group operates two divisions in the automotive sector: Maxion Wheels and Maxion Structural Components. Maxion Wheels manufactures and trades a wide range of steel wheels for light and commercial vehicles and farm machinery, and aluminum wheels for light vehicles. Maxion Structural Components produces mainly sidemembers, crossmembers and complete chassis for commercial vehicles and structural stamped items for light vehicles.
AmstedMaxion produces freight cars, wheels and railway and industrial castings for the railway sector. It operates through a joint venture.
History
Iochpe-Maxion was founded in 1918 in the state of Rio Grande do Sul.[1]
In August 2009, the company purchased the wheels business of ArvinMeritor in Brazil, Mexico and the United States, which was then named "Fumagalli Division".
In December 2010, aiming at increasing its production capacity in