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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, drives and coatings. WEG has operations in around 100 countries, with approximately 31,000 employees (2014). WEG appeared in Forbes list of the 100 largest small global companies of the world (lacks trusted source or reference link). And it has been ranked by magazine Exame as the 9th most competitive company in the American continent. WEG is the largest Latin American electric-motor manufacturer.
|Traded as||B3: WEGE3|
|Headquarters||Jaraguá do Sul, Brazil|
Industrial Automation and Control
Transportation and Automotive
Programmable logic controller
|Décio da Silva, (Chairman) |
Harry Schmelzer Junior, (CEO)
|Products||Electric motors, Generators, Transformers, Drives and Coatings Engineering|
|Revenue||US$ 2.7 billion (2017)|
|US$ 331.9 million (2017)|
Number of employees
The state of Santa Catarina in Brazil was subjected to German colonization (besides Italian and - much earlier - Portuguese), which must have influenced the founders (Werner Ricardo Voigt, Eggon João da Silva and Geraldo Werninghaus) in their decision to use the acronym WEG, joining the three first letters of their names.
The company started on 16 September 1961, when the three founded "Eletromotores Jaraguá". Years later, the company, created by an electrician, an administrator and a mechanic, would change its name to "Eletromotores WEG SA".
Initially producing electric motors, WEG started incrementing 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. More and more the company is consolidating itself not only as a motor manufacturer, but also as a complete, industrial, electrical systems supplier.
WEG products are present at almost every electric engineering interest area: - Generation (Generators, transformers and switchgear) - Transmission (EPC, switchgear, transformers) - Distribution (EPC, transformers) - Electric products (motors, switchgear, frequency inverters, AC/DC converters, contactors, fuses, circuit breakers and servomotors, among others) - Automation (Hardware and Software) - Integration Engineering with products of different manufacturers
The company has subsidiaries in 29 countries and production is distributed in manufacturing plants in 12 countries such as Brazil, Argentina, Mexico, Portugal, China, South Africa and in the United States . WEG also exports to over 100 countries and counts on branches and technical assistance in all five continents.
In May 2008, WEG announced a new factory in India.
Another highlight is WEG's training department, which invests in courses, both internal and external, for the workers and new trainees from all branches over the world.
Created in 1968 to aid in the lack of qualified professionals in the area of mechanical engineers, "CentroWEG" grew and diversified its activities along with WEG. Today, it gives technical courses in the areas of mechanical, electronics, electricity, robotics and chemistry (for high school students) and mechanical engineers for adults.
- "Goliath". Retrieved 2008-08-30.