# WEG to build new factory in northern Santa Catarina with R$ 900M investment

WEG announced a R$ 900 million investment to build a new factory in northern Santa Catarina, producing large equipment such as synchronous compensators, turbogenerators and high-speed induction motors. The plant will create 800 direct jobs.

- Type: New facility
- Announced: 2023-04-27
- Where: northern Santa Catarina, Brazil
- Jobs: 800
- Status: announced
- Products: synchronous compensators, turbogenerators, high-speed induction motors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

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

## Sources

- [exame.com](https://exame.com/invest/mercados/weg-anuncia-investimento-de-r-11-bilhao-em-construcao-de-nova-unidade-e-ampliacao-do-parque-fabril/), 2023-04-27: "O novo investimento, pensado para atender às demandas da transição energética, transforma nossa região em um dos principais centros de excelência de máquinas elétricas girantes do mundo."

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