WEG SA: Announces Expansion Investments in Itajub Transformer Plant, Brazil

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NEW

RELEASE

WEG announces expansion investments in transformer plant

from Itajuba, Brazil

This investment allows the company to increase its production capacity

With the strategy of increasing its market share, WEG announces new investments for the expansion and modernization of the production capacity of Balteau, a company of the WEG group specialized in the manufacture of instrument transformers and measuring sets. , in Itajubá, State of Minas Gerais, Brazil.

According to WEG Transmission & Distribution Managing Director Carlos Diether Prinz, this investment is an important competitive advantage for the company in the transmission and distribution (T&D) segment.

“At the end of this project, we will achieve a significant increase in the production capacity of our current and voltage transformers from 72kV to 245kV. We also intend to double the production of the 550kV current transformer line and to enlarge the assembly areas, insulation room, warehouse and shipping”, explains the manager.

With the new investments, WEG intends to expand its Itajubá factory by 1350 m2 and equip the area with modern winding, insulation, processing and drying equipment for high-voltage instrument transformers. tension. The expansion will generate around fifty new jobs.

The Balteau factory was acquired by WEG in September 2021 and currently has 11,800 m² of built area and counts with a team of more than 400 employees. The company specializes in the design, manufacture, electrical testing and technical assistance of capacitive current and voltage transformers up to 550kV, inductive voltage transformers up to 145kV and measurement sets up to at 36kV.

NEW

RELEASE

For more information:

Press relations

Investor Relations

Philippe Hoffman

Andressa Cristina Pereira

(47) 3276-6106

(47) 3276-4295

laughed@weg.net

[email protected]

About WEG

Founded in 1961, WEG is a global electrical and electronic equipment company, operating primarily in the capital goods sector with solutions in electrical machinery, automation and paints for several sectors including infrastructure, steel, pulp and paper, oil and gas, mining, among many others. WEG stands out in innovation by constantly developing solutions to meet the major trends in energy efficiency, renewable energies and electric mobility. With manufacturing units in 12 countries and present in more than 135 countries, the company has more than 37,000 employees worldwide. WEG’s net revenue reached R$23.6 billion in 2021, 54% of which comes from overseas markets

Disclaimer

WEG S.A. published this content on August 12, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on Aug 12, 2022 2:04:10 PM UTC.

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