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Wallet, keys & armored cars.


AS TRAFFIC HOLDUPS BECOME AS COMMON AS red lights in downtown Sao Paulo and other Brazilian city streets, armored cars--not sport utility vehicles--are emerging as the new trend.

One of the manufacturers, Kroll company subsidiary O'Gara-Hess & Eisenhardt, set up a plant in Brazil in 1996 and now rolls out 50 vehicles a month in the South American country, more than twice what it produces in Mexico.

The company's estimated US$18 million in revenues this year should account for 40% of the company's global business for armored cars manufacturing.

COPYRIGHT 2001 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Author:Fabey, Michael
Publication:Latin Trade
Date:Feb 1, 2001
Words:89
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