The project will be carried out in the same industrial park where the Company already has electrical centers and factories.
WEG SA announced today, that it is investing R$87 million (USD$18.9 million) to expand production capacity and increase the vertical integration of production processes in Itajaí, Brasil.
The investment comprises both the construction of a locksmith shop, specifically for the manufacture of parts, pieces, and casings for frequency inverters, soft-starters as well as special keys for machine manufacturers, and a new factory for sockets and switches, to serve the market of building, commercial and residential infrastructure.
“The Itajaí industrial park was designed to allow for a gradual and continuous increase in production capacity and meet the company's expansion needs over several years. Thanks to the favorable environment for business and the abundant supply of transport companies in the region, we will be able to take advantage of the network already developed by WEG, maintaining logistical costs and consolidating cargo with the Company's other businesses in Itajaí and Jaraguá do Sul”, explains Manfred Peter Johann, Managing Director of the Automation Unit.
The building for the new outlets and switches factory will have approximately 5,500 m² of built area and the new Locksmith shop will have 12,000 m². Both were designed in such a way as to allow the gradual increase, in a modular way, of the production capacity. With the new investments, WEG will expand its built area in Itajaí and should open more than 300 new jobs in the next 5 years. Currently, the company has over a thousand employees in its operations in Itajaí.
The project will be carried out in the same industrial park where the Company already has electrical centers, dry transformers and wire drawing factories, and will receive investments of R$87 million, with completion scheduled for the end of 2024.
Source: WEG SA