# WEG invests R$1.2B to expand transformer production in Brazil, Mexico and Colombia

WEG announced a R$1.2 billion investment over three years to expand transformer production capacity by approximately 50%, including new factories in Betim and Itajubá (Brazil), Atotonilco de Tula (Mexico), and Rionegro (Colombia).

- Type: Expansion
- Announced: 2023-12-06
- Where: Betim and Itajubá, Minas Gerais, Brazil; Atotonilco de Tula, Mexico; Rionegro, Antioquia, Colombia, Brazil
- Value: $240.0M (1.20B BRL)
- Starts operating: 2026
- Status: announced
- Capacity: 50% increase in production capacity
- Products: power transformers, distribution transformers, instrument transformers, radiators
- 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/BT/en/news/result-and-investiments/weg-announces-that-it-will-invest-r-1-2-billion-to-expand-transformer-production-capacity), 2023-12-06: "WEG announces that it will invest R$1.2 billion, over the next three years, to expand transformer production capacity in Brazil, Mexico and Colombia."
- [transformer-magazine.com](https://transformer-magazine.com/news/weg-to-invest-r1-2-billion-to-expand-transformer-production-capacity/), 2023-12-07: "WEG S.A. has announced that it will invest R$1.2 billion ($244.5 million) over the next three years, to expand transformer production capacity in Brazil, Mexico and Colombia."

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