Weg Brazil to Start US$ 100 Million Expansion

Brazil's Weg The Brazilian maker of electric engines, Weg, should build a new production line in Linhares, in the north of the state of EspÀ­rito Santo. According to the announcement made by the company, negotiations for the company's expansion were concluded last week.

The new unit should receive investment of 186 million Brazilian reais (US$ 101 million). The construction should take place in two phases, being the first completed in 2011. "The industrial unit should be very important for our production capacity in years to come," said Harry Schmelzer, the company CEO.

The location of the plant was defined after the analysis of other alternatives elsewhere. The company decided on the state, as it is close to regions of the country that are growing. Espí­rito Santo has a large port structure, which, according to Weg, brings advantages for the purchase of raw materials.

Weg is one of the largest producers of electric and electronic equipment in the world. The organization has been in operation since 1961 and produces electric engines, generators, transformers and electronic components for protection, command and control.

In Brazil, the company has its headquarters and main industrial units in Santa Catarina. The company has two factories in Rio Grande do Sul, São Paulo and Amazonas.

Abroad, Weg has production units in Argentina, Mexico, Portugal and China, and distribution and trade installations in the United States, Venezuela, Colombia, Chile, Germany, England, Belgium, France, Spain, Italy, Sweden, Australia, Japan, Singapore, India, Russia and the United Arab Emirates.

Anba

Tags:

You May Also Like

Brazil’s More Doctors Program with Cuban Professionals Is a Success

The close medical supervision of patients not just at the hospital but also at ...

Brazilian Tribe Might Benefit from REDD, Now Being Debated in Copenhagen

A vulnerable Brazilian tribe in the Amazon region owns carbon-trading rights in future global ...

British Secret Service Helped Fight Communism in Brazil, Says New Book

There are some revelations on Brazil’s communism in the most detailed and authoritative history ...

In Brazil-Argentina Trade It’s Goodbye Dollar, Hello Peso and Real

Trade transactions between Brazil and Argentina may be made in Brazilian reais or Argentinean ...

Brazilian Astronaut Will Wear Clothes Made in Brazil in Space

The garments that Brazilian astronaut Marcos César Pontes is going to wear during his ...

Ready for War: Brazil Buys 250 German Tanks, French Fighters Coming Soon

Brazil has just purchased 250 German Leopard 1 A5 tanks, which will be used ...

Signs of Fiscal Austerity Help Boost Brazil’s Stocks

Brazilian and Latin American stocks in general gained ground, as investors bought discounted shares ...

WTO Stalemate Is Political and Not Technical, Say Brazil’s Lula

During his weekly radio broadcast Monday, May 29, Brazilian President Luiz Inácio Lula da ...

Amnesty Uses Brazil Violence to Promote Gun Control in the World

During the course of 2006, Amnesty International plans to present its report entitled "They ...

Brazil Discovers Its Faces and Is Making Money Out of It

Cave paintings are on the ceramics produced by artisans from the city of Serra ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`