# WEG expands wire factory in Itajaí, Brazil

WEG will expand its wire factory in Itajaí, Santa Catarina, by 9,500 m², with an investment of approximately R$ 169 million over five years, to meet demand for transformers in Brazil.

- Type: Expansion
- Announced: 2024-09-01
- Where: Itajaí, Santa Catarina, Brazil
- Value: $33.8M (169.0M BRL)
- Starts operating: Q3 2026
- Status: announced
- Capacity: 9,500 m² expansion
- Products: wires
- 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 Itajaí, the company will expand its wire factory by 9,500 m² (102,000 ft²), currently measuring 8,500 m² (91,000 ft²), to meet current and projected demand for transformers in Brazil."
- [weg.net](https://www.weg.net/institutional/BI/en/news/corporate/weg-will-invest-approximately-r-670-million-in-vertical-integration-processes-in-mexico-and-brazil), 2024-09-18: "With these new investments, we are taking an important step toward the vertical integration of electric motor manufacturing and are optimistic about the growth prospects in this market, as well as for transformers, both in Brazil and abroad."
- [weg.net](https://www.weg.net/institutional/GD/en/news/corporate/weg-will-invest-approximately-r-670-million-in-vertical-integration-processes-in-mexico-and-brazil), 2024-09-18: "With these new investments, we are taking an important step toward the vertical integration of electric motor manufacturing and are optimistic about the growth prospects in this market, as well as for transformers, both in Brazil and abroad."
- [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 Itajaí, the company will expand its wire factory by 9,500 m² (102,000 ft²), currently measuring 8,500 m² (91,000 ft²), to meet current and projected demand for transformers in Brazil."
- [weg.net](https://www.weg.net/institutional/PW/en/news/corporate/weg-will-invest-approximately-r-670-million-in-vertical-integration-processes-in-mexico-and-brazil), 2024-09-18: "With these new investments, we are taking an important step toward the vertical integration of electric motor manufacturing and are optimistic about the growth prospects in this market, as well as for transformers, both in Brazil and abroad."
- [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 Itajaí, the company will expand its wire factory by 9,500 m² (102,000 ft²), currently measuring 8,500 m² (91,000 ft²), to meet current and projected demand for transformers in Brazil."
- [diariodocomercio.com.br](https://diariodocomercio.com.br/economia/weg-investira-r-370-mi-na-fabrica-de-transformadores-de-betim/), 2024-09-28: "Weg vai investir R$ 370 milhões em fábrica de Betim Planta de transformadores de potência vai ser ampliada"
- [jornaldocomercio.com](https://www.jornaldocomercio.com/especiais/anuario-de-investimentos-2024/2024/12/1183792-weg-investe-na-ampliacao-de-fabrica-de-transformadores-em-gravatai.html), 2024-12-16: "A intenção, conforme a empresa, é garantir o atendimento ao aumento na demanda por parte das concessionárias de energia elétrica do Brasil e dos países vizinhos."
- [weg.net](https://www.weg.net/institutional/AG/en/all-news/list?page=3&tag=investments), 2024-12-19: "Investments aim to meet the growing demand for electrical infrastructure and consolidate the company's leadership in the Transmission & Distribution market."
- [weg.net](https://www.weg.net/institutional/PR/en/all-news/list?page=3&tag=investments), 2024-12-19: "Investments aim to meet the growing demand for electrical infrastructure and consolidate the company's leadership in the Transmission & Distribution market."

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