The WEG S.A. has announced an investment plan of approximately US$ 62 million to expand production capacity at its manufacturing plant in Rugao, China. This plan aims to meet growing market demand and increase the company's impact in the region.

The investment will be implemented over the next few years and involves increasing component manufacturing capacity and local assembly capacity. The plan also includes the construction of a 30,000 m² building with the capacity to manufacture high-voltage motors, with the completion of this stage scheduled for 2026.

According to João Paulo Gualberto da Silva, the Managing Director of WEG's Energy Unit, these investments reinforce the company's strategy and commitment to the sustainable development of its business.

(Source: website of WEG, on November 20)