BUTLER MANUFACTURING FORMS METAL BUILDING SYSTEMS SUBSIDIARY IN BRAZIL.KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , MO.--(BUSINESS WIRE)--June 24, 1996--Butler Manufacturing Company has established a wholly-owned subsidiary to market, design and manufacture pre-engineered metal building systems and provide construction services in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . The new subsidiary company, Butler do Brazil Limitada, will be headquartered in Belo Horizonte Belo Horizonte (bəl'  rēzôN`tĭ) [Port.,=beautiful horizon], city (1996 pop. 2,091,770), capital of Minas Gerais state, E Brazil. , MG Brazil.
Manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. will be conducted through a strategic alliance with Usiminas Mecanica S.A., a Brazilian steel fabricator that is a wholly-owned subsidiary of Usiminas, a Brazilian integrated steel producer with total 1995 group sales Group sales Block sale (of large amounts) of securities to institutional investors. group sales The distribution of a new security issue to institutional clients. of $4 billion. Production has begun in existing Usiminas Mecanica facilities while a manufacturing plant located in lpatinga, Brazil, is being equipped. Full production in the lpatinga plant is expected to be operational by the fourth quarter 1996. Butler has been serving the South American market with imported building systems sold through regional sales offices in Sao Paulo, Brazil; Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , Argentina; and Santiago, Chile. The South American construction market has become more active during the last three years as the economies of Chile, Argentina, and Brazil have strengthened. Butler has completed or has ongoing projects for multinationals like Kellogg's, Wal Mart, Reynolds Metals, and General Motors, along with local businesses such as Tia, an Argentinean retailer; and Ekono, a Chilean food retailer. By establishing production in Brazil and expanding sales and support staff in South America, costs of freight, import duties and taxes will be reduced and completion times will be shortened, which will enable Butler to better serve the market. Butler do Brazil can be contacted at Av. Duquesa de Goias, 894; Morumbi, Sao Paulo, Brazil CEP CEP congenital erythropoietic porphyria. CEP abbr. congenital erythropoietic porphyria 05686-002. Phone: 011-55-11-842-2077; Fax: 011-55-11-846-7953. Butler Manufacturing Company is the world's largest producer of pre-engineered buildings and is a leading supplier of building systems, specialty components, and construction services for the nonresidential construction market with total sales of $826 million in 1995. CONTACT: John Holland Vice President-Finance (816) 968-3255 |
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