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Lord, global reference in structural adhesives, coatings and systems for vibration control, completes 40 years in Brazil this month – it operates a plant in Jundiaí (São Paulo) since 1972. To celebrate, the company launched on 09/12 the cornerstone of the plant that will be built in Itupeva, also in São Paulo.
Estimated at US$ 25 million, the new factory will start its operations in the end of 2013 with double capacity production than it is now, says Sandro Leonhardt, regional manager for South America. “The area in Itupeva still allows successive expansions to support the growth of Lord over the next twenty years”.
In Brazil, Lord produces structural adhesives and high performance coatings, which are primarily consumed by the automotive and industrial sectors. Among them, special mention to the environmentally-friendly family under the brand Chemlok®: EPCA (Environmentally Preferred Chemlok® Adhesives), which are free of heavy metals; EPCA with low emission of volatile organic compounds (VOC), and water-based Chemlok® adhesives.
According to Leonhardt, Lord’s revenue in 2012 is expected to grow approximately 10%. “This is an excellent performance, especially if we take into account the difficulties faced by the automotive sector in the first half of the year.”
This result was benefited by the company’s entry in the oil and gas market – Lord supplies adhesives, coatings and mechanical systems for the platforms vibration control – and the consolidation of its presence in South America, with the opening of a subsidiary in Argentina this year. “The next step will be the opening of a headquarters in Colombia, which will focus on the provision of services to the Northern countries of South America”.
Picture: Sandro Leonhardt, Lord regional manager for South America
About Lord: Founded in 1924, Lord is a private company that designs, manufactures and sells mechanical devices and electromechanical systems for motion, vibration and noise control; it formulates and manufactures adhesives and coatings, and develops systems that use electromagnetic technologies. Headquartered in Cary, North Carolina, and with sales exceeding US$ 610 million, Lord has manufacturing plants in nine countries and offices in more than fifteen business centers around the world.
More information:www.lordla.com.br - www.lord.com