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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

WEG invests in new gearbox factory in Türkiye · Endata

◂ Announcements

Dec 19, 2024NEW FACILITYManisa, İzmir region, Türkiye

WEG invests in new gearbox factory in Türkiye

WEG announced an investment in a new factory in Türkiye focused on the production of gearboxes, aiming to increase its product portfolio and strengthen its position in Europe.

Value

$31.0M (28.0M EUR)

Jobs

150

Starts operating

2027

Status

Announced

Capacity

12,000 m²

Productsgearboxes

CompaniesWEG Volt WEG Group

Sectors#Industrial Machinery

“Focused on the production of gearboxes, the new manufacturing unit will increase the product portfolio and strengthen the Company's position in Europe.”weg.net

6 sources
weg.netList of News | WEGDec 19, 2024
weg.netList of News | WEGDec 19, 2024
weg.netWEG invests in a new factory in Türkiye | WEGDec 19, 2024
invest.gov.trWEG S.A. Invests EUR 28 Million in New Gearbox Facility in Manisa to Strengthen European Market PresenceDec 20, 2024
manisaflashhaber.comManisa’ya yeni fabrika kuruluyor! - Manisa Flash HaberEditör Hakkında Manisa Flash HaberDec 20, 2024
drivesncontrols.com

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

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WEG invests €28m to build a gearbox factory in Turkey - Drives&Controls

Tony Sacks

Jan 9, 2025

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