WEG Electric expanding in Mexico, China

WEG Electric plans to invest $345 million over the next five years to expand and increase production in Mexico and China, the company announced in a press release.

According to WEG, its existing manufacturing complex in Mexico will benefit from expanded production capacity, as well as increased vertical integration, making it similar to WEG’s largest industrial complex in Brazil. The expansion will include the construction of a cast iron foundry that the company says will be capable of supplying all the needs for cast iron components in industrial electric motor frame sizes manufactured in Mexico and delivered to North American markets. The total investment is expected to be close to $210 million over the next five years, the company says.

In China, WEG will build a new industrial electric motor manufacturing plant. In addition to this investment, WEG will expand an existing plant in China. Investments will total about $135 million through the year 2020. Both plants will help to meet the increased demand of the Asian market.