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Trades about 77% above its sector, the market expects faster growth.
Iochpe-Maxion S.A., a Brazilian company founded in 1918 and based in Cruzeiro, operates as a global producer and vendor of automotive wheels and structural components. Serving light and commercial vehicle sectors, its reach extends across North America, South America, Europe, and Asia. The company's activities are organized into two primary divisions: Maxion Wheels and Maxion Structural Components. Maxion Wheels manufactures a diverse portfolio including heavy-duty steel wheels, lightweight steel wheels for passenger cars, pick-up trucks, SUVs, and commercial vehicles, along with innovative light aluminum wheels for various vehicle types. The Maxion Structural Components division provides essential framework elements such as heavy structural parts like frames, sidebars, and crossbars. It also specializes in metal stampings for commercial vehicles, agricultural machinery, and aluminum wheels for lighter vehicles. Additionally, this segment produces lighter structural and automotive parts, including metal stampings for passenger vehicles, brake levers, pedal sets, welded assemblies, and other intricate components. Beyond its core automotive business, Iochpe-Maxion S.A. also contributes to the rail industry by producing freight cars and railway wheels, in addition to industrial castings.
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