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WEG Has 64 Factories in 17 Countries and R$ 220 Billion in Market Value: How the Brazilian Company Became a Global Leader in Electric Motors

Written by Bruno Teles
Published on 10/04/2025 at 16:51
WEG, brasileira com 64 fábricas em 17 países, é líder global em motores elétricos. Vale R$ 220 bi, emprega 47 mil e investe R$ 1 bi/ano em pesquisa. Entenda sua expansão.
WEG, brasileira com 64 fábricas em 17 países, é líder global em motores elétricos. Vale R$ 220 bi, emprega 47 mil e investe R$ 1 bi/ano em pesquisa. Entenda sua expansão.
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Santa Catarina Company Employs 47 Thousand People, Invests R$ 1 Billion/Year in Research and Surpasses Giants Like GE and Siemens in Motor Production.

WEG, a 100% Brazilian company founded in 1961 by three partners with capital equivalent to a Volkswagen Beetle, is now valued at R$ 220 billion — second only to Petrobras in the national market. With 64 factories in 17 countries, including 17 in Brazil and 6 in China, the company is the largest manufacturer of electric motors in the world, as well as producing generators for hydroelectric plants and wind towers.

WEG Around the World: 64 Factories and Operations in 120 Countries

The global presence includes:

  • Americas: 17 factories in Brazil, 3 in the USA, 4 in Mexico and 2 in Colombia;
  • Europe: 3 in Germany, 2 in Italy and 1 in Austria;
  • Asia/Africa: 6 in China, 4 in India and 6 in South Africa.
    The distribution network reaches 120 countries, with technical support in 42 nations.

Founded in Jaraguá do Sul (SC), the company started with capital equivalent to US$ 30 thousand (the price of a Beetle in 1961). Today, it holds 23% of the global electric motor market, surpassing Siemens and General Electric.

Innovation: R$ 1 Billion/Year in Research and 4,700 Engineers

WEG maintains:

  • Innovation Center at IPT (Institute of Technological Research);
  • 10% of the 47 thousand employees are engineers;
  • Patents in technologies such as motors for electric vehicles and solar energy systems.

The company is strategic in the energy transition:

  • Produces generators for 30% of Brazilian hydroelectric plants, including Itaipu;
  • Supplies components for 1 in every 5 wind towers installed worldwide;
  • Develops batteries for renewable energy storage.

How Did WEG Conquer Europe and the USA?

International expansion accelerated with:

  • Acquisition of Austrian ATB (2010), the largest motor manufacturer in Europe;
  • Factory in Texas (USA) to serve the oil and gas industry;
  • Partnership with Xiaomi for electric vehicle motors in China.

With 62 years of history, WEG proves that innovation and strategic planning can transform a small workshop in Santa Catarina into a global giant of sustainable technology. Its next challenge? To lead the electric vehicle revolution.

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Bruno Teles

Falo sobre tecnologia, inovação, petróleo e gás. Atualizo diariamente sobre oportunidades no mercado brasileiro. Com mais de 7.000 artigos publicados nos sites CPG, Naval Porto Estaleiro, Mineração Brasil e Obras Construção Civil. Sugestão de pauta? Manda no brunotelesredator@gmail.com

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