Local manufacturing will allow Cisco and its partners to better serve the needs of the Brazilian market by optimizing the availability of products in the country and lowering the prices for customers
São Paulo, Brazil, September 26, 2012 - Cisco announced today the delivery of the first router product manufactured in Brazil, expanding its local manufacturing operations in the country. Cisco is now manufacturing a best-selling integrated service router in Brazil. This router features highly secure data, mobility, and application services and is designed for enterprise clients, midsize companies, and branch offices.
This local manufacturing expansion, through one of Cisco manufacturing partners with facilities in Sao Paulo state, enables Cisco to serve the needs of the Brazilian market better by optimizing the availability and competitiveness of these products. Cisco expects to announce additional products that will be manufactured in Brazil.
The manufacturing of these products is in compliance with PPB (Processo Produtivo Básico) and is expected to add approximately 100 new jobs within Brazil to the 100 already created in support of manufacturing Cisco products.
The expansion of local manufacturing is one part of Cisco´s plan to invest over R$ 1 billion in the next four years in Brazil, as announced on April 2012. The investment also includes the investment in Brazil-focused ICT venture capital funds, the opening of a Center of Innovation in Rio de Janeiro, intellectual property agreements with local companies, and social responsibility programs.
Cisco started local manufacturing in Brazil in early 2011, with the production of set-top boxes. Since beginning production, that facility has expanded twice.
John L Kern, SVP, Supply Chain Operations
"Brazil is a key global priority and growth opportunity for Cisco. With the expansion of Cisco manufacturing in Brazil, Cisco is demonstrating our commitment to investing in and supporting the economy of Brazil."
Rodrigo Abreu, VP Cisco Brazil
"The expansion of our local manufacturing reinforces our long-term commitment to foster innovation, transformation and socio-economic development, expanding Cisco's presence in the country and implementing advanced technologies and creating new jobs."
Cisco (NASDAQ:CSCO, news, filings) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com. Cisco equipment in emerging markets is supplied by Cisco Systems International BV, a wholly owned subsidiary of Cisco Systems, Inc.
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