WEG to invest R$660 million in new industrial motor plant and expansion in Jaraguá do Sul

WEG announced it will invest R$660 million over three years to build a new factory for industrial and electric mobility motors and expand existing plants in Jaraguá do Sul, Santa Catarina, completing the new plant by Q1 2024.

“aumentará em até 25% a atual capacidade produtiva de motores industriais da Weg”trademap.com.br

• 1 source
• trademap.com.brWeg (WEGE3) investirá R$ 660 milhões em até três anos; veja para onde vai a grana | TradeMapSep 27, 2022

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