AmstedMaxion, founded in 1943 and headquartered in Brazil, has established itself as a leading manufacturer and supplier of railway and industrial castings in South America. The company has a strong presence in both domestic and international markets, exporting its products to countries in South America, Africa, and the United States. With its state-of-the-art technology, AmstedMaxion has the capacity to produce 30,000 tons of cast parts and 85,000 railway wheels annually, catering to sectors including mining, construction equipment, sugarcane and ethanol industry, and railway infrastructure. AmstedMaxion boasts a diverse product line, including railway castings and various components such as shock and traction systems, cast center sill steps, mirrors, sleepers, side frames, and connecting rods. A notable highlight is its cast railway wheels, made of micro-alloyed steel and developed using the exclusive Griffin technology, which is a market leader in the United States, meeting the stringent specifications and standards set by the world's most demanding railways. In its latest funding round, AmstedMaxion secured a $10.00M investment from The Greenbier Companies in May 2016, signaling confidence and support from industry players. The company's focus on innovation, technology, and its ability to penetrate international markets positions it as an attractive prospect for potential investors and partners in the Real Estate, Transportation, and Construction sectors.
Funding Stage | Amount | No. Investors | Investors | Date |
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Funding Round - Amsted | $10.00M | 1 | The Greenbier Companies | 24 May 2016 |
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