# WEG invests R$660M to expand motor production capacity in Brazil

WEG announced investments of R$660 million (≈ USD128 million) over three years to expand production capacity of industrial and electric traction motors in Brazil, including building a new factory in Jaraguá do Sul.

- Type: Investment
- Announced: 2022-09-27
- Where: Jaraguá do Sul, Santa Catarina, Brazil
- Value: $128.0M (660.0M BRL)
- Starts operating: Q1 2024
- Status: announced
- Capacity: 25% increase in industrial motor production capacity
- Products: industrial motors, electric traction motors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [WEG](https://endata.com/companies/1550.md)

## Sources

- [weg.net](https://www.weg.net/institutional/GE/en/news/result-and-investiments/weg-announces-investments-to-expand-the-production-capacity-of-industrial-and-traction-motors-in-brazil), 2022-09-27: "These are fundamental investments for WEG's future growth, since they considerably expanded our manufacturing capacity to meet the demands of assembly lines and commercial branches abroad."
- [weg.net](https://www.weg.net/institutional/GM/en/news/result-and-investiments/weg-announces-investments-to-expand-the-production-capacity-of-industrial-and-traction-motors-in-brazil), 2022-09-27: "These are fundamental investments for WEG's future growth, since they considerably expanded our manufacturing capacity to meet the demands of assembly lines and commercial branches abroad."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.