Prysmian plans to complete by early 2024 the adaptation of its Vila Velha umbilical plant to meet Petrobras demand, at a budgeted investment of R$50 million.

WEG announced it will invest R$660 million over three years to build a new factory for industrial and electric mobility motors and expand existing plants in Jaraguá do Sul, Santa Catarina, completing the new plant by Q1 2024.

ABB inaugurated an extension of its Sorocaba factory in São Paulo state, with an investment of R$20 million, to produce electrical distribution, smart grid and digital industrial energy solutions for Brazil and South America.