WEG manufactures electric motors, generators, transformers, drives, and automation systems, operating in 40+ countries. Founded in 1961 in Jaraguá do Sul (Santa Catarina), it grew from a small motor shop to a $35B+ market cap industrial conglomerate.
The company is investing R$1.2 billion to expand transformer production capacity, with new factories in Brazil, Mexico, and Colombia. WEG's transformers and motors are critical components in wind farms, solar installations, and grid infrastructure — positioning the company as an energy transition supplier.
WEG represents a Brazilian industrial success story that rarely makes international headlines: a deep-tech manufacturing company competing globally on quality and innovation, not just cost. Its R&D investment in energy efficiency, IoT-connected motors, and grid modernization equipment puts it alongside Siemens and ABB in capability.