
7 Formare Units
at Maxion
People and culture are at the center of everything we do, from the wellbeing and inclusion of our employees to the social and environmental needs of those who live in our communities. Maxion advocates for the change needed to address societal and environmental challenges. We believe we can play a role in creating a better-shared future.

504 Activities in 2025
The Formare social advancement program, established since 1989 and administered by the not for profit Iochpe Foundation, stands as one of Brazil’s most recognized vocational education initiatives. By fostering collaborations with businesses and academic institutions, Formare provides professional training opportunities to youth facing economic and social vulnerability.
Iochpe-Maxion plays an active role as a Formare partner, operating seven Formare units: four in Brazil, two in Mexico, and one in India. This involvement demonstrates our long-standing dedication to broadening educational opportunities, enhancing youth employability, and fostering development in local communities.


at Maxion

Formare at Maxion

Students Educated

Volunteers Educators Involved
Maxion has reached an important milestone in its sustainability journey with the completion of its first global Life Cycle Assessment (LCA), covering key product segments across 24 manufacturing facilities worldwide.
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Launched in India in 2024 in partnership with the Iochpe Foundation of Brazil and SPPU, Formare is a professional training and academic scholarship program originating in South America, designed to equip young people from underprivileged communities with both theoretical education and practical industry experience.
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Maxion was recognized among the most inclusive companies in the Brazilian automotive sector
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Argentina selected as the fourth country for the educational program, bringing new opportunities to young people and strengthening connections between industry and education
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