Tupy announces global expansion plan for 2002-05. (Around the World).The Brazilian firm Fundicao Tupy introduced its new global plan to expand business, Tupy Global. With this plan, the firm is projecting a 19% global growth in casting production between 2002 and 2005. In 2001, Tupy had an operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. of $578 million globally, a 12% increase from 2000. Since 1995, the company's net income has increased 175%. Tupy manufactures automotive parts in gray, ductile ductile /duc·tile/ (duk´til) susceptible of being drawn out without breaking. duc·tile adj. Easily molded or shaped. ductile susceptible of being drawn out without breaking. and compacted graphite graphite (grăf`īt), an allotropic form of carbon, known also as plumbago and black lead. It is dark gray or black, crystalline (often in the form of slippery scales), greasy, and soft, with a metallic luster. iron for a variety of international customers, including DaimlerChrysler, Volkswagon, General Motors and Isuzu Motors. The company has plants in Joinville, Boa Vista Boa Vista (bō`ə vēsh`tə), city (1996 pop. 154,166), capital of Roraima state, NW Brazil, on the Rio Branco. Its economy is based on the processing and shipment of minerals (gold, bauxite, diamonds, and gold) found in the surrounding , and Maua, Sao Paulo, Brazil. |
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