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WEG Industries

WEG is a Brazilian company, operating worldwide in the electric engineering, power and automation technology areas. Headquartered in Jaraguá do Sul, Brazil, the company produces electric motors, generators, transformers, turbines, drives, and coatings. WEG has operations in around 100 countries, with approximately 39,000 employees (2023). It's one the largest manufacturers of eletric motors in the world[2]

WEG S.A.
Front view of "WEG II, Asa Leste", a unit of WEG Industries in Jaraguá do Sul
Company typeSociedade Anônima
B3: WEGE3
Ibovespa Component
IndustryIndustrial engineering
Founded16 September 1961; 62 years ago (16 September 1961)
HeadquartersJaraguá do Sul, Brazil
Area served
Worldwide
Key people
Décio da Silva (Chairman)
Harry Schmelzer Junior (CEO)
ProductsElectric motors, Industrial Automation and Control, Generators, Transformers, Switchgear, Drives and Coatings Engineering, Primer, Paint, Varnish
Revenue US$6.3 billion (2023)[1]
Number of employees
>39,000
Websiteweg.net

History edit

The company Eletromotores Jaraguá was created on 16 September 1961 by Werner Ricardo Voigt, Eggon João da Silva and Geraldo Werninghaus (respectively an electrician, an administrator and a mechanic). Years later changed its name to Eletromotores WEG SA, the name WEG being formed with the first letter of each founder's first name.

Initially producing electric motors, WEG started diversifying its activities during the eighties, with the production of electric components, products for industrial automation, power and distribution transformers, liquid and powder paints and electrical insulation varnishes. The company grew into a global motor manufacturer.

In 1968, WEG created CentroWEG, a training center to aid in the lack of qualified professionals in the area of mechanical engineers.

In May 2008, WEG announced a new factory in India.[3]

In February 2012, the Canadian manufacturer Ballard Power Systems signed a deal with WEG to assess the market opportunities for hydrogen PEM fuel cell products and services in applications.[4][5]

In February 2019, WEG acquired Energy Storage System, the storage business of US-based Northern Power Systems (NPS). WEG had previously bought the utility-scale turbine business of NPS in 2016.[6] In May 2019, WEG signed a deal with the aerospace conglomerate Embraer to work on new electrical propulsion systems for aircraft.[7]

In May 2019, WEG also introduced the 4MW wind turbine, its biggest machine so far.[8]

Activities edit

Description edit

The company has subsidiaries in 37 countries, and production is distributed in manufacturing plants in 15 countries, including: Brazil, Argentina, Colombia, India, Mexico, Portugal, Austria, Germany, China, South Africa, and United States.[9]

Products edit

References edit

  1. ^ "WEG Revenue". Companies Market Cap. Retrieved 11 February 2024.
  2. ^ "WEG to invest R$660m in capacity expansion in Brazil". ValorInternational. 27 September 2022. Retrieved 23 January 2024.
  3. ^ "Goliath". Retrieved 30 August 2008.
  4. ^ "Brazil: Ballard to supply fuel cells to WEG Industries". Automotive World. 9 February 2012. Retrieved 29 May 2019.
  5. ^ "Ballard signs deal with WEG Industries to develop fuel cells for clean energy in Brazil". Renewable Energy Focus. 8 February 2012. Retrieved 29 May 2019.
  6. ^ Alexandre Spatuzza (13 February 2019). "Brazil's WEG enters storage market with NPS acquisition". Recharge. Retrieved 29 May 2019.
  7. ^ "Embraer, WEG team up to build electric motor for planes: statement". Reuters. 29 May 2019. Retrieved 29 May 2019.
  8. ^ "Brazil's WEG unveils 4MW wind turbine to battle global giants". Recharge. 28 May 2019.
  9. ^ "Electric Machinery Company, Inc. 800 Central Ave. NE, Minneapolis, MN 55413, USA – WEG Group".

External links edit

  • Official site
  • WEG no LinkedIn (in Portuguese)

industries, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, august, 2015, l. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources WEG Industries news newspapers books scholar JSTOR August 2015 Learn how and when to remove this template message WEG is a Brazilian company operating worldwide in the electric engineering power and automation technology areas Headquartered in Jaragua do Sul Brazil the company produces electric motors generators transformers turbines drives and coatings WEG has operations in around 100 countries with approximately 39 000 employees 2023 It s one the largest manufacturers of eletric motors in the world 2 WEG S A Front view of WEG II Asa Leste a unit of WEG Industries in Jaragua do SulCompany typeSociedade AnonimaTraded asB3 WEGE3Ibovespa ComponentIndustryIndustrial engineeringFounded16 September 1961 62 years ago 16 September 1961 HeadquartersJaragua do Sul BrazilArea servedWorldwideKey peopleDecio da Silva Chairman Harry Schmelzer Junior CEO ProductsElectric motors Industrial Automation and Control Generators Transformers Switchgear Drives and Coatings Engineering Primer Paint VarnishRevenueUS 6 3 billion 2023 1 Number of employees gt 39 000Websiteweg wbr net Contents 1 History 2 Activities 2 1 Description 2 2 Products 3 References 4 External linksHistory editThe company Eletromotores Jaragua was created on 16 September 1961 by Werner Ricardo Voigt Eggon Joao da Silva and Geraldo Werninghaus respectively an electrician an administrator and a mechanic Years later changed its name to Eletromotores WEG SA the name WEG being formed with the first letter of each founder s first name Initially producing electric motors WEG started diversifying its activities during the eighties with the production of electric components products for industrial automation power and distribution transformers liquid and powder paints and electrical insulation varnishes The company grew into a global motor manufacturer In 1968 WEG created CentroWEG a training center to aid in the lack of qualified professionals in the area of mechanical engineers In May 2008 WEG announced a new factory in India 3 In February 2012 the Canadian manufacturer Ballard Power Systems signed a deal with WEG to assess the market opportunities for hydrogen PEM fuel cell products and services in applications 4 5 In February 2019 WEG acquired Energy Storage System the storage business of US based Northern Power Systems NPS WEG had previously bought the utility scale turbine business of NPS in 2016 6 In May 2019 WEG signed a deal with the aerospace conglomerate Embraer to work on new electrical propulsion systems for aircraft 7 In May 2019 WEG also introduced the 4MW wind turbine its biggest machine so far 8 Activities editDescription edit The company has subsidiaries in 37 countries and production is distributed in manufacturing plants in 15 countries including Brazil Argentina Colombia India Mexico Portugal Austria Germany China South Africa and United States 9 Products edit Generation Generators wind turbines steam turbines Transmission EPC switchgear transformers Distribution EPC transformers Electric products motors switchgear frequency inverters AC DC converters contactors fuses circuit breakers and servomotors etc Coatings and Varnishes Marine Automotive Industrial Battery Energy Store Automation Hardware and Software Integration Engineering with products of different manufacturersReferences edit WEG Revenue Companies Market Cap Retrieved 11 February 2024 WEG to invest R 660m in capacity expansion in Brazil ValorInternational 27 September 2022 Retrieved 23 January 2024 Goliath Retrieved 30 August 2008 Brazil Ballard to supply fuel cells to WEG Industries Automotive World 9 February 2012 Retrieved 29 May 2019 Ballard signs deal with WEG Industries to develop fuel cells for clean energy in Brazil Renewable Energy Focus 8 February 2012 Retrieved 29 May 2019 Alexandre Spatuzza 13 February 2019 Brazil s WEG enters storage market with NPS acquisition Recharge Retrieved 29 May 2019 Embraer WEG team up to build electric motor for planes statement Reuters 29 May 2019 Retrieved 29 May 2019 Brazil s WEG unveils 4MW wind turbine to battle global giants Recharge 28 May 2019 Electric Machinery Company Inc 800 Central Ave NE Minneapolis MN 55413 USA WEG Group External links editOfficial site WEG no LinkedIn in Portuguese nbsp Companies portal Retrieved from https en wikipedia org w index php title WEG Industries amp oldid 1206895172, wikipedia, wiki, book, books, library,

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