# Weidmann Electrical Technology announces CHF 50M+ global capacity upgrades

Weidmann Electrical Technology announced an investment of more than 50 million Swiss Francs to upgrade existing facilities and develop new sites across major markets, including equipment renovation and new installations to boost production capacity for electrical insulation materials.

- Type: Investment
- Announced: 2024-07-26
- Value: $56.0M (50.0M CHF)
- Status: announced
- Products: electrical insulation materials
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Weidmann Electrical Technology Inc.](https://endata.com/companies/27142.md)

## Sources

- [weidmann-group.com](https://www.weidmann-group.com/news/weidmann-electrical-technology-announces-global-capacity-upgrades-to-support-the-energy-transition/), 2024-07-27: "Weidmann Electrical Technology is pleased to announce a significant investment of more than 50 million Swiss Francs aimed at upgrading our existing facilities and developing new sites across our major markets."

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