WEG Overview
Company Headquarters: Brazil
Founded: 1961
Workforce: ~31000
Company Working: WEG is a global electric-electronic equipment company that operates mainly in the capital goods sector. It offers solutions for electric machines with applications in construction, steel, pulp & paper, oil & gas, and mining industries. The company operates through four business segments, which are industrial electro-electronic equipment, energy generation, motors for domestic use, and paints and varnishes. It offers synchronous condensers under its energy generation segment. Some of the other products and services offered under the energy generation segment are electric generators for hydraulic and thermal power plants (biomass), hydro turbines, wind turbines, transformers, substations, control panels, and system integration services.
WEG Electric Corp., Electric Machinery Company Inc., Zest Electric Motors (Pty) Ltd., WEG Colombia SAS, and WEG Tintas Ltd are some of the subsidiaries of the company. Siemens (Germany), Eaton (Ireland), ABB (Switzerland), and General Electric (US) are some of its key competitors.
WEG has a presence in more than 135 countries with manufacturing units in 12 countries around the world.



