# WEG to invest $40M in transformer factory expansion in Rionegro, Colombia

WEG will invest $40 million to build a new transformer factory in Rionegro, Antioquia, Colombia, with 23,000 m² of built area, to serve the oil sector and energy markets in neighboring countries. Completion is expected by December 2026.

- Type: Expansion
- Announced: 2024-01-02
- Where: Rionegro, Antioquia, Colombia
- Value: $40.0M
- Starts operating: Dec 2026
- Status: announced
- Capacity: transformers up to 60 MVA
- Products: transformers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [pluralidadz.com](https://pluralidadz.com/economia/multinacional-weg-invertira-40-millones-de-dolares-en-colombia/), 2024-01-02: "El fabricante WEG invertirá $40 millones de dólares en 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.