# 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.

- Type: Expansion
- Announced: 2024-09-18
- Where: Atotonilco de Tula, Mexico
- Value: $67.2M (336.0M BRL)
- Status: announced
- Products: wires, cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [weg.net](https://www.weg.net/institutional/SM/en/news/corporate/weg-will-invest-approximately-r-670-million-in-vertical-integration-processes-in-mexico-and-brazil), 2024-09-18: "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](https://www.weg.net/institutional/EG/en/news/corporate/weg-will-invest-approximately-r-670-million-in-vertical-integration-processes-in-mexico-and-brazil), 2024-09-18: "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](https://www.weg.net/institutional/TO/en/news/corporate/weg-will-invest-approximately-r-670-million-in-vertical-integration-processes-in-mexico-and-brazil), 2024-09-18: "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."

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