Randon sells 300 Rail Cars to Mitsui Rail Capital
Randon S.A Implementos e Participações has signed a Contract with Mitsui Rail Capital Participations Ltda., a company of the Japanese group Mitsui & Co. Ltd., involving the sale of 300 rail cars for the transport of grains. The pieces of equipment – hopper type and 112 m3 – will operate (to be used by Multigrain) in Ferrovia Centro- Atlântica, a Vale concession. This is the first sale for Vale, which places Randon as a supplier of the largest purchasers of rail equipment in the country. The transaction, which is close to R$ 55 million, foresees the delivery in lots, beginning in December, even though the largest delivery concentration will take place in the first half of 2010.
Randon S.A. Implementos e Participações is a mixed holding company, leader of a group of nine companies that operate in the segments of road equipment/ rail cars/ specialty vehicles, auto parts/ automotive systems and services. They are all leaders in their segments and benchmarks for technology and quality in Brazil and abroad, as well as important players in the global market. They export to more than one hundred countries and have an international Network of Sales and Services.
For 60 years, Randon has manufactured different types of road equipment that include truck bodies, trailers and semi-trailers. Its rail arm began in 1998 with the launch of the Transtrailer. Since then, Randon has produced rail cars of the types Hppper, Gondola, Tanks, General Cargo, Platform and others.
Caxias do Sul, October 16, 2009.
Astor Milton Schmitt
Investor Relations Director