WEG announces R$670M investment in Brazil and Mexico

WEG announced a R$670 million investment over five years to expand capacity and vertical integration in transformer and electric motor businesses. In Brazil, R$169 million will go to factories in Itajaí and Guaramirim; in Mexico, R$336 million will fund a new factory in Atotonilco.

“Motors and generators company WEG unveiled on Wednesday (18) a plan to invest R$670 million over the next five years to expand capacity and enhance vertical integration in its transformer and electric motor businesses in Brazil and Mexico.”valorinternational.globo.com

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• valorinternational.globo.comWEG announces R$670m investment in Brazil, MexicoFelipe Laurence, Victor MenesesSep 19, 2024

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