JVC to Open Audio Manufacturing Plant in Brazil

Manaus, Brazil. JVC do Brasil, the recently established joint venture of JVC and Brazilian manufacturer Gradiente, will establish an audio manufacturing plant in Manaus, Amazonas state. The company used to import its audio product lines from Japan. But with local production, JVC expects to gain an 8% share of the domestic audio market. In the first year of operation, sales are projected to reach $50M (US).

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