Market recovery coming, says Brazilian supplier Tupy

The last few years have been tough for the Brazilian economy, and the challenges faced by the country’s automotive industry have reflected this. Yet there is optimism among the OEMs and the suppliers that the crisis is bottoming out and that a period of growth could soon begin.

These thoughts are shared by Fernando Cestari de Rizzo, Vice President of the Automotive Business Unit at Tupy. Headquartered in Joinville, Brazil, Tupy is a leading player in cast iron engine blocks and heads. The largest foundry company in Latin America, and one of the top foundry companies worldwide with 9,000 employees, Tupy has a wide customer base that in the automotive industry alone includes Cummins, Ford, Mercedes-Benz, Perkins, Audi, Iveco, MAN, John Deere, Komatsu, Kubota and Peugeot.