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Nansen is investing R$265 million (approx. $48M) in a new transformer factory in Betim, Brazil. The first phase, with an initial capacity of 20,000 units per month, is expected to be completed by December 2025, with first products available in February 2026.
“A nova fábrica, ainda em construção, receberá investimento de R$ 265 milhões e será voltada, principalmente, ao atendimento da demanda interna por transformadores de energia.”diariodocomercio.com.br
Summarized from public sources; check the original articles before acting on it.