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WEG has 64 factories in 17 countries and R$220 billion in market value: how Brazil became a global leader in electric motors

Written by Bruno Teles
Published 10/04/2025 às 16:51
WEG, a Brazilian company with 64 factories in 17 countries, is a global leader in electric motors. It is worth R$220 billion, employs 47 thousand and invests R$1 billion/year in research. Understand its expansion.
WEG, a Brazilian company with 64 factories in 17 countries, is a global leader in electric motors. It is worth R$220 billion, employs 47 thousand and invests R$1 billion/year in research. Understand its expansion.

The Santa Catarina-based company employs 47 people, invests R$1 billion/year in research and surpasses giants such as GE and Siemens in engine production.

WEG, a 100% Brazilian company founded in 1961 by three partners with capital equivalent to a Beetle, today it is worth $ 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, in addition to producing generators for hydroelectric plants and wind towers.

WEG in the world: 64 factories and operations in 120 countries

A 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 a capital equivalent to U.S. $ one thousand 30 (value of a Beetle in 1961). Today, it dominates 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 staff 47 thousand employees are engineers;
  • Patents on 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;
  • Provides components for 1 in 5 wind turbines installed in the world;
  • Develops batteries for storing renewable energy.

How did WEG conquer Europe and the USA?

International expansion accelerated with:

  • Acquisition of Austrian ATB (2010), Europe's largest engine manufacturer;
  • 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 sustainable technology giant. Your next challenge? Leading the electric vehicle revolution.

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Bruno Teles

I talk about technology, innovation, oil and gas. I provide daily updates on opportunities in the Brazilian market. I have published over 5.000 articles on the websites CPG, Naval Porto Estaleiro, Mineração Brasil and Obras Construção Civil. Any suggestions for topics? Send them to brunotelesredator@gmail.com

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