Marcopolo officially confirms the end of the Rio de Janeiro urban unit on October 30

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Article originally published on Friday, October 2, 2020, at 9:07 am

According to the company, the measure is to reduce costs and increase efficiency with the concentration of Brazilian operations in a smaller number of factories

ADAMO BASE

By means of a “Material Fact” to the market, Marcopolo SA confirmed on Friday, October 2, 2020, officially the end of the plant’s operations in Duque de Caxias, in Rio de Janeiro-RJ.

The plant, which specializes in urban models, will be closed on October 30, 2020.

Production will be transferred to the São Mateus plant, in Espírito Santo, and to units in Caxias do Sul.

THE Shipping Diary had access to the communiqué. The Minha Minha Casa Bus profile had brought the unit closed earlier.

See the fact published in full:

RELEVANT FACT

MARCOPOLO S.A. (“Company“), In compliance with the provisions of art. 157, paragraph 4, of Law 6,404 / 76 and in the Securities Commission Instruction 358/2002, informs its shareholders and the market in general, that the Board of Directors, in a meeting on this date, approved the closing of the activities of the industrial plant located in Duque de Caxias, RJ, as of October 30, 2020.

The decision is part of the process of optimizing plants and adjusting the Company’s manufacturing capacity. The concentration of Brazilian operations in a smaller number of plants has contributed to reducing costs and increasing efficiency.

The operational improvements achieved in recent years will allow the remaining plants to have sufficient capacity to absorb the recovery of volumes as markets become regularized, in a post-pandemic scenario.

Caxias do Sul, October 2, 2020.

Jose Antonio Valiati

Investor Relations Officer

PLANTS:

The Rio de Janeiro plant is specialized in urban buses originating in the old Ciferal, a traditional bodybuilder of the State, founded in October 1955 by the Austrian immigrant Fritz Weissman. In May 1999, Marcopolo bought the share of RJ Administração e Participações SA in Ciferal, corresponding to 50% of the shares. RJ Participações was formed by about 200 bus companies from Rio de Janeiro, Espírito Santo and Minas Gerais. In April 2001, Marcopolo bought the other part of Ciferal, thereby fully controlling the company. The name Ciferal, which was the acronym for Trade and Industry of Iron and Aluminum, ceased to be used definitively in 2013, when the nomenclature Marcopolo Rio was adopted.

Marcopolo Rio’s physical area is 211,846 m² and the built area: 74,484 m².

The São Mateus plant, in Espírito Santo, is much more recent, starting its activities in 2014, to serve the markets of the North and Northeast regions of the country with the mini buses of the brand Volare, belonging to Marcopolo SA In 2019, the production of school buses and also of Marcopolo urban bodies for front engine chassis.

The physical area of ​​the São Mateus plant is 822,000 m², with a built area of ​​65,547 m²

Adamo Bazani, transport journalist

Adamo Bazani, transport journalist

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