WEG to build wire factory in Atotonilco de Tula, Mexico

WEG announced an investment of approximately R$ 336 million over five years to construct a new wire manufacturing building in Atotonilco de Tula, Mexico, to supply wires and cables for transformer and electric motor businesses in North America.

“In Mexico, the investments will be destined for the construction of a new building for manufacturing wires in the city of Atotonilco de Tula, in addition to the acquisition and installation of equipment.”weg.net

• 3 sources
• weg.netWEG will invest approximately R$ 670 million in vertical integration processes in Mexico and Brazil | WEGSep 18, 2024
• weg.netWEG will invest approximately R$ 670 million in vertical integration processes in Mexico and Brazil | WEGSep 18, 2024
• weg.netWEG will invest approximately R$ 670 million in vertical integration processes in Mexico and Brazil | WEGSep 18, 2024

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