The likes of Petrobras (oil), Vale (mining) and Embraer (planes) were indeed created by the government.
Last November Embraer rocked the aviation world by announcing its own minijet, the Embraer Phenom 100.
Companies like LAN Airlines, Cemex, Televisa, and Embraer have succeeded in building global brands.
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They did just that last month and Embraer and their U.S. partner SNC won again.
Those components will be shipped directly from the suppliers to the Embraer facility in Jacksonville.
Embraer also signed an agreement with Aviation Industries of China to co-produce the business jet Legacy.
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The smallest in the Embraer lineup, the Phenom 100, has wowed the aviation press worldwide.
"The problem is that there is no level playing field, " said Embraer spokesman Henrique Rzezinski.
That said, the Embraer deal is one bright spot in an otherwise dreary period.
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Just over a decade ago, Brazilian firm Embraer entered the business jet market with phenomenal success.
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Embraer has been trying to crack into the U.S. defense market with the Super Tucano for years.
That is because Brazil hosts one of the top up-and-coming aircraft manufacturers in the world, Embraer.
Boeing competes in the commercial aircraft market with aerospace giant Airbus as well as Embraer and Bombardier.
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Embraer, Ambev, Petrobras and AsiaInfo have been on the buy list consistently for the last six weeks.
Embraer, Ambev, Petrobras and AsiaInfo have been on the buy list consistently for the last five weeks.
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In January Embraer, Brazil's aircraft manufacturer, said it would list its Brazilian shares on the Novo Mercado.
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Smaller manufacturers, such as Embraer of Brazil and Bombardier of Canada, are also establishing ties with China.
Since then, Embraer has made equally significant inroads as a designer and manufacturer of regional jets.
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That goes for the national oil company, Petrobras, for Vale, a mining giant, and Embraer, an aircraft-maker.
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He also likes Republic Airlines, which counts a lot of fuel-efficient Embraer jets among its 219-plane fleet.
An Embraer press agent said that no more than 20% of the plane would be built in Brazil.
Continental had just the thing in its new fleet of Brazilian-built Embraer 145 regional jets, which seat 50.
In my Oct. 5 column I quoted Cessna's CEO, Jack Pelton, as saying he's "scared to death" of Embraer.
Embraer and CDB executives signed three sales agreements in Beijing on Tuesday morning.
In addition, Embraer has a joint venture with China Aviation Industry Corporation II.
But Embraer is angry that its attempt to produce an advanced technology product is being stymied by its rivals.
Since then, Embraer is down 7.41%, Petrobras is up 4.62%, Ambev is up 1.32% and AsiaInfo is up 10.24%.
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Boeing competes in the commercial aircraft market with the European aerospace giant Airbus as well as Embraer and Bombardier.
More recently, Embraer has set its eyes on the executive jet market.
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