WEG supplies motors to the largest malting plant in Latin America
The project is part of the plant expansion for the production of 360,000 tons of malt per year and includes the integration of motors from the W60 and W50 line
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WEG announces the establishment of its new transformer plant in the United States. Located in Washington, state of Missouri, where the company already counts on two other factories in operation since 2017, the new manufacturing plant had investments in the range of US$17 million and will be dedicated to the production of power transformers up to 10 MVA and voltage up to 46 kV.
As stated by Carlos Diether Prinz, Managing Director of WEG T&D, the new plant is part of the Company’s strategy to expand its production capacity to supply the North American industrial market. “With this new structure, we will allow WEG to be incorporated into the transformers market called Large Step-Up/Down Pad-Mounted Transformers, Secondary Unit Sub-Station Transformers and Small Power Transformers, with a focus on industrial customers, and substantially increase our production capacity of transformers used by the traditional electric energy utilities and by the electric energy generation parks through renewable sources, such as wind and solar”, says Mr. Prinz.
Equipped with state-of-the-art machinery and modern processes and handling systems, the new manufacturing plant counts on 14,700 square meters of manufacturing facilities, on a 54,400 square meters of available area.
WEG has four other transformer plants in North America, two in the United States and two in Mexico. In terms of workforce, the company employs 1290 people in these five operations dedicated to the energy transmission and distribution segment in that region. “Our manufacturing plants are strategically located geographically, allowing us to offer a wide range of transformers up to 500 MVA – 550 kV not only for the North American market, but also for Central America”, explains Mr. Prinz.
WEG serves additional strategic Transmission and Distribution markets from seven other manufacturing plants located in Brazil, Colombia and South Africa.
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WEG was the winner of the Capital Goods sector in the “2021 Latin America Executive Team-Capital Goods” Ranking, prepared by Institutional Investor magazine, which is one of the most renowned publications specialized in the international financial market. Including publicly traded companies from Latin America, the award selected the best CEOs, CFOs, Investor Relations (IR) programs, teams and executives, ESG programs, annual meetings with analysts and a crisis management program during COVID-19 pandemic.
WEG took first place in the general classification of the Capital Goods sector with the following awards:
The survey took into account the opinions of more than 765 buy-side analysts, asset managers and sell-side researchers who have nominated a total of 341 companies and more than 1000 executives from 16 sectors.
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