# WEG invests R$87M in Itajaí, Brazil site with two new factories

WEG announced an investment of R$87 million to build a machining shop and a plugs and sockets factory at its Itajaí site in Brazil, expected to create over 300 jobs.

- Type: Expansion
- Announced: 2023-07-31
- Where: Itajaí, Santa Catarina, Brazil
- Value: $18.9M (87.0M BRL)
- Jobs: 300
- Starts operating: 2024
- Status: under construction
- Products: variable frequency drives, soft starters, special switches, plugs, sockets
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.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-of-r-87-million-in-one-of-its-manufacturing-sites-in-brazil), 2023-07-31: "The manufacturing site of Itajaí was planned to allow a gradual and continuous increase in production capacity"
- [weg.net](https://www.weg.net/institutional/CD/en/all-news/list?page=2&tag=manufacturing-sites), 2023-07-31: "The manufacturing site of Itajaí was planned to allow a gradual and continuous increase in production capacity"
- [powersystems.technology](https://www.powersystems.technology/utility-business-strategy/news/weg-sa-announces-18-9-million-investment-to-expand-production-capacity/), 2023-08-01: "The Itajaí industrial park was designed to allow for a gradual and continuous increase in production capacity and meet the company's expansion needs over several years."

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