Brazilian Steel Giant Signs Investment Commitment of R$219.8 Million for Minas Gerais State

The forecast is to generate 330 direct jobs in 2019, preferably recruited in the municipalities where the investments will be made.

RIO DE JANEIRO, BRAZIL - Usiminas signed with the government of the state of Minas Gerais on Wednesday, September18th, an investment commitment of R$219.8 (US$55) million.

The document, a protocol of intent, was signed jointly with the subsidiaries Mineração Usiminas S.A. (MUSA) and Unigal for steel and mining activities.

The forecast is to generate 330 direct jobs in 2019, preferably recruited in municipalities where investments will be made, as the company explained in a statement to the market on Wednesday night.

The note also stresses that the amount does not change the projections for investments of . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?