Brazilian electronic circuit board maker Standard America told NDC that it will set up a plant in Sur and that work should take place “in the coming months.” For this project, the company received support of around 1.7 million euros from Portugal until 2020.
The announcement was made today and the group clarified that this new manufacturing unit in Sur “is expected to create 80 to 100 jobs in the first year.”
Standard America, headquartered in Campinas, has completed all phases of the Portugal 2020 program and will receive investment support to open its Sura plant, the group said.
The new venture will start operating with two production lines, which will generate a turnover of two million euros in the first year, said the manufacturer’s CEO Dal Colletto.
Under the Portugal 2020 project, about 1.7 million euros will be transferred to Standard America, but the industry intends to raise about 10 million euros from private funds. “After the approval of Portugal 2020, we were approached by private funds, which also indicates that we are investing in our project,” added the entrepreneur.
The company explained to NDC that “it is acquiring a pavilion in Sur, owned by Crédito Agrícola, which will be leased to Standard Europe with pre-emptive purchase rights for a specified period,” and added that work would begin shortly. several months.
The president of the municipality of Sure Mario Jorge Nunez told the NDC today that he “still does not know anything about this information” and that the last contact he made with the Brazilian company was “perhaps in June when he received representatives in Therefore the manufacturer must visit two or three sites that have been sold as potential locations for the new plant, ”but he added that they have not communicated since then.
Standard America explained that “Standard Europe was presented with two pavilions, but negotiations did not lead to the desired progress,” so it chose the solution described above.
The Standard Group is formed by the brands Standard America with a factory in Brazil and a commercial office in the United States, as well as STD Europe and specializes in the design and manufacture of electronic boards for agriculture, industrial automation, automobiles, and the Internet. , telecommunications, security, lighting, healthcare, aerospace and marine. “He has knowledge and certifications in design, prototyping and piloting, SMT and PTH assembly, integrated solutions and final testing,” the manufacturer explained.
“To compete for the budget, projects must meet certain criteria that demonstrate significant scientific, technological and economic specialization and can create a competitive advantage for the country. When evaluated by all these criteria, Standard America received 4.55 points on a five-point scale, ”the company said.
