WEG to invest R$1.2B in transformer production expansion

WEG S.A. announced an investment of R$1.2 billion to expand transformer production capacity in Brazil, Mexico, and Colombia over three years, boosting output by about 50%.

“WEG S.A announced to the general market and its shareholders that it is seeking to expand transformer production in Mexico, Brazil, and Colombia by making an investment of R$1.2 billion.”constructionreviewonline.com

• 1 source
• constructionreviewonline.comWEG To Invest R$1.2B In Expansion of Transformer Production CapacityP. WanjalaDec 7, 2023

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