Sunday, November 18, 2012

Brazil: Foxconn buys land.

WorldWide Tech & Science. Francisco De Jesùs.

Brazil: Foxconn buys land.

EMS provider Foxconn Electronics (Hon Hai Precision Industry) has announced that its subsidiary Foxconn CMMSG Industria de Electronicos Ltda has acquired a tract of land of 141.82 hectares (350.45 acres) in Brazil from Toulouse Incorporacao SPE Ltda for BRL26.113 million (US$12.64 million).

The subsidiary started negotiation for the land acquisition on September 4, 2012 and struck the deal on November 15, Foxconn indicated.

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