Since 2004 in China, now with factories in Nantong, Rugao, Changzhou and Jintan, the Brazilian group Weg has achieved an average annual growth of 15% in the last four years, "despite the difficulties caused by the pandemic," says Eduardo de Nóbrega, managing director of operations in the country.

The objective for the coming years is to maintain this compound annual growth rate (CAGR) pace. “We will continue to invest through increasing production capacity, such as the expansion of our Rugao factory, which is scheduled for completion in May 2024,” he says.

The presence in China, says the executive, is important to consolidate the strategic positioning in the Asia-Pacific region and for the partnership with global clients and operations in the country.

Factories in the country focus on producing low, medium and high voltage and commercial electric motors, except for the Jintan unit, dedicated to frequency inverters and low and medium voltage drives.

(Source: Acessa.com)