# 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.

- Type: Expansion
- Announced: 2022-09-27
- Where: Jaraguá do Sul, Santa Catarina, Brazil
- Value: $124.5M (660.0M BRL)
- Status: announced
- Capacity: Up to 25% increase in current industrial motor capacity
- Products: industrial motors, traction motors, electric mobility motors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [trademap.com.br](https://trademap.com.br/noticias/news-3106965), 2022-09-27: "aumentará em até 25% a atual capacidade produtiva de motores industriais da Weg"

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