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ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

WEG invests R$178.2 million to expand electric motor factory in Linhares, Brazil · Endata

◂ Announcements

Nov 3, 2021EXPANSIONLinhares, Espírito Santo, Brazil

WEG invests R$178.2 million to expand electric motor factory in Linhares, Brazil

WEG announced an investment of R$178.2 million to modernize and expand its electric motor factory in Linhares, Brazil, adding 14,000 square meters of manufacturing space and creating 250 new jobs by 2023.

Value

$32.0M (178.2M BRL)

Jobs

250

Starts operating

2023

Status

Announced

Capacity

79,000 square meters of manufacturing facilities

Productselectric motors

CompaniesWEG

Sectors#Industrial Machinery

“The Linhares industrial park was designed to allow for the gradual and continuous increase in production capacity and meet the company's expansion plan for the coming years.”weg.net

2 sources
weg.netWEG announces expansion investments of R$ 178.2 million in Linhares, Brazil | WEGNov 3, 2021
weg.netList of News | WEGJun 30, 2022

Summarized from public sources; check the original articles before acting on it.

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Aug 17, 2022EXPANSIONBetim, Minas Gerais, Brazil$6.50M
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Aug 4, 2022EXPANSIONSanto Tirso, Portugal, Portugal100 jobs
WEG expands Portugal plant with new factory and testing lab
WEG wegpress.net
Aug 1, 2022ACQUISITIONProvaglio d'Iseo, Brescia, Italy$23.5M
Gefran sells drives division to WEG for €23M
WEG acquirer Gefran S.p.A. target gefran.it marketscreener.com
Jul 27, 2022NEW FACILITYSanto Tirso, Portugal$23.5M100 jobsops Q2 2024
WEG to build EUR 23.5M electric motor plant in Santo Tirso, Portugal
WEG weg.net amanha.com.br

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