News

NCR to Open ATM Manufacturing and Engineering Facility in Sao Paulo

Thursday 4 March 2004 20:58 CET | News

NCR has opening an automated teller machine (ATM) manufacturing and engineering facility in Sao Paulo, Brazil.

The new facilities will be geared to meet the needs of the important Brazilian ATM market, the third largest in the world. The Sao Paulo manufacturing plant will be NCRs fifth ATM factory worldwide, with an annual capacity of up to 7,000 units. Todays announcement represents an initial investment of several million dollars. NCR will initially employ between 75 and 100 staff at the facilities, but it is anticipated that this number will increase as the market continues to grow. The ATMs manufactured in Sao Paulo by NCR will be customized to meet Brazilian needs, using local NCR engineering capability. Brazilian component suppliers and manufacturers will provide ATM components consistent with NCRs local sourcing strategy. NCRs existing ATM manufacturing plants are in Dundee, Scotland, Waterloo, Canada, Beijing, China, and Pondicherry, India.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce