From the Newsroom*
São Paulo – Brazilian producers of tooling machinery, used for manufacturing industrial parts, recorded revenues 7.4% higher in the first four months this year than in the same period last year. The information was supplied by the Sectorial Chamber for Tool Machines at the Brazilian Machinery Manufacturers Association (Abimaq).
The revenue in the first four months of 2007 was 640.24 million Brazilian reais (US$ 328.9 million). With regard to foreign trade, the tool machine sector also recorded important figures from January through April. There were increases of 9.5% in exports (US$ 46.39 million) and 29% in imports (US$ 250.83 million).
*Translated by Gabriel Pomerancblum
