Check here the Iochpe-Maxion history main facts during the 100 years of existence.

1912

Family Ioschpe comes to Brazil

Gregorio Iochpe joins a group of families sent by the Jewish Colonization Association from Russia to form the colony of "Quatro Irmãos" in the state of Rio Grande do Sul, Brazil.

1918

Founded Iochpe

With interest in the lumber business, Gregorio Iochpe establishes "Engenho d 'água" in the state of Rio Grande do Sul, Brazil.

1937
1938

Founded Iochpe, Irmão & Filhos

The Iochpe Group is formed with its partners: Gregorio Iochpe, Miguel Ioschpe, Moyses Ioschpe, Solomon Ioschpe and Israel Iochpe. The group will trade in timber of pine logs and beams.

1956

Sale of Agricultural Machinery

Iochpe becomes Massey sales agent in the state of Rio Grande do Sul, Brazil, for agricultural machinery and equipment creating a new industry, "Auto-Agrícola".

1968

Banco Iochpe de Investimentos S.A.

The Iochpe Group enters the financial market with the formation of “ICREFI, Iochpe SA - Crédito, Financiamento e Investimentos” and “DICREFI - Distribuidora de Títulos e Valores Mobiliários Ltda,” a new business branch, creating a profound change in the company structure.

1978

Acquisition of Indústria de Máquinas Agrícolas Ideal

The Iochpe Group enters the automotive industry acquiring “Indústria de Máquinas Agrícolas Ideal,” located in Santa Rosa, in the state of Rio Grande do Sul, Brazil. "Ideal" was a manufacturer of harvesters and tractors.

1979
1982
1983
1984
1989

Fundação Iochpe

The Iochpe Group forms the Fundação Iochpe as a non-profit organization. One of the first such institutions established by a corporation to focus on the development, improvement and renewal of the voluntary sector.

Maxion Brand

Massey Perkins S.A, becomes “Maxion S.A.,” later to become a part of the Iochpe brand.

1990

Acquisition of FNV

The Iochpe Group acquires “FNV- Fábrica Nacional de Vagões,” grantig a new market share and expanding the company’s auto parts business.

1992

Acquisition of wheel assembly line

The Iochpe Group acquires the wheels assembly line for agriculture equipment, trucks and buses. The purchase provides a production of approximately 30 thousand wheels per month positioning the company as a major industry player.

1994

Acquisition of Eluma Autopeças

Iochpe-Maxion acquires an industrial plant in Contagem (MG) from Eluma Autopeças, diversifying its automotive components portfolio and reaching a new level of market leadership.

Iochpe-Maxion

The Iochpe Group changes its name to Iochpe-Maxion, incorporating the auto parts brand with the corporate identity.

1996

Iochpe joins Volkswagens

Iochpe-Maxion joins Volkswagen in the assembly of a Volkswagen truck built in an industrial plant in Resende, Brazil. Known as "Modular Consortium."

1997
2000

Merge of Iochpe and Amsted

With the formation of Amsted-Maxion, the Iochpe Group becomes a global manufactorer of freight wagons and railway components..

2003
2006

Iochpe-Maxion completes public offering

Iochpe-Maxion completes public offering of no-vote shares, resulting in a participation increase of non-controlling new investors in the company, growing both volume of transactions and liquidity.

2008

Iochpe opens a new plant in China

Iochpe-Maxion opens commercial vehicle steel wheel plant in Nantong, China, with capacity for 600,000 wheels per year for the European and Asian markets.

2009

Acquisition of Fumagalli

Iochpe-Maxion acquires Fumagalli from ArvinMeritor, producing light vehicle steel wheels in Limeira, Brazil, and San Luis Potosi, Mexico.

2011

Iochpe-Maxion joins Montich S.A.

Iochpe-Maxion acquires 50% stake of Montich S.A., Argentina, to establish the joint venture, Maxion Montich S.A. “Montich” as a manufacturer of stringers, chassis and stamped parts for commercial vehicles.

2012

Iochpe becomes an International Group

Increasing its international market share penetration, Iochpe-Maxion creates two divisions: Maxion Structural Components and Maxion Wheels, and establishes the joint venture AmstedMaxion.

Acquisition of Galaz/Inmagusa

Iochpe-Maxion acquires the Galaz/Inmagusa Group, a Mexican manufacturer of steel vehicle stringers, increasing its U.S. market share of structural components.

Iochpe-Maxion becomes the world leader in the production of automotive wheels

Iochpe-Maxion acquires Hayes Lemmerz, a global company manufacturer of automotive steel wheels for light and commercial vehicles and aluminum for commercial vehicles, with 17 industrial plants in U.S., Mexico, Brazil, Germany, Czech Republic, Turkey, Spain, Italy, South Africa, India and Thailand. With this purchase, Iochpe-Maxion becomes the world leader in the production of automotive wheels and a leading producer of automotive structural components in the Americas.

2015

Amsted-Maxion joins Greenbrier

AmstedMaxion and Greenbrier establish joint venture Greenbrier Maxion. Greenbrier is a leader in U.S. manufacturing and freight transportation services.

2016
2018

New Plants in India and Argentina

Iochpe-Maxion begins production of two new plants. One in Pune, India, to produce light vehicle aluminum wheels, and in Cordoba, Argentina to produce stampings for Renault Nissan