# WEG to build new factory in Atotonilco, Mexico

As part of the R$670 million investment, WEG will invest R$336 million to construct a new factory in Atotonilco, Mexico, for wire manufacturing to serve North American transformer and electric motor markets.

- Type: New facility
- Announced: 2024-09-18
- Where: Atotonilco, Mexico
- Value: $61.0M (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

- [valorinternational.globo.com](https://valorinternational.globo.com/business/news/2024/09/19/weg-announces-r670m-investment-in-brazil-mexico.ghtml), 2024-09-19: "In Mexico, R$336 million will be invested in the construction of a new factory in Atotonilco."

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