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RELEASE
WEG Inaugurates Plant in India
NEW WEG PLANT IN INDIA STARTS PRODUCTION WITH ORDER OF MOTORS FOR
WATER TREATMENT SYSTEM IN BANGALORE
Jaraguá do Sul (SC- Brazil) February 18, 2011 - WEG S.A. (Bovespa: WEGE3)
announced today the inauguration of its electric motor plant in India. The new unit
begins its production by supplying MGF 630 induction motors to be installed on water
pumps manufactured by Kirloskar Brothers Limited (KBL) for the Bangalore Water
Supply Scheme project which supplies drinking water in Bangalore. The estimate for
the delivery of those machines between February to April 2011.
WEG India will produce synchronous induction motors and medium and high voltage
synchronous generators. The plant is in Hosur, Tamil Nadu, near Bangalore. The total
area covers 170 thousand square meters and the facilities stand on 32 thousand
square meters.
WEG’s CEO, Harry Schmelzer Jr. says that, “WEG India was conceived to meet the
demand of Asia, Middle East, Africa and Australia and advances our
internationalization strategy by strengthening our capacity of international distribution of
products and improving production capacity in selected markets always maintaining the
high quality standard of our products and services.
The unit has already received approximately US$ 60 million in investments generating
around 250 direct jobs. This number will reach 600 by the end of 2011. At the end of
2013, when operating at full capacity, the unit will be able to produce up to 320
machines a year. All products are customized with a high level of technological
development and the same design and quality of the products made in Brazil.
WEG also announced that WEG India Director of Operations, Mr. Eduardo Nobrega,
will also be the Industrial Director of WEG Energy and will now be responsible for the
production areas of the manufacturing units of this business unit in Jaraguá do Sul
(SC) and São Bernardo do Campo (SP) in Brazil.
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Relations with Investors
Luis Fernando Oliveira
(47) 3276-6973
Twitter: @weg_ir
luisfernando@weg.net
www.weg.net/ri
Corporate Memo
Andressa Cristina Pereira
(47) 3276-4295
Twitter: @weg_wr
andressa@weg.net
www.weg.net/br/Media-Center
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Statements about Future Expectations
Some statements contained herein may be projections or statements about future expectations.
Such statements are subject to known and unknown risks that may cause such expectations not
to come true or be substantially different from the expected. Those risks include, among others,
changes in the future demand for the products of the company, changes in the factors that
affect the domestic and international prices of the products, changes in the cost structures,
changes in the markets, changes in the prices practiced by the competitors, exchange rate
variations, changes in the political-economical scenario in Brazil and in emerging and
international markets.
About WEG – Founded in 1961, WEG operates mainly in the sector of capital goods and is one
of the largest world manufacturer of electric-electronic equipment, having five main lines:
Motors, Power, Transmission and Distribution, Automation and Coatings. With over 21
thousand employees, it had a gross turnover of R$ 5.110 billion in 2009.
In the country, the group has its headquarter and main industrial plants in Jaraguá do Sul/SC.
The other plants are spread over Rio Grande do Sul (Gravataí), Santa Catarina (Blumenau,
Guaramirim, Itajaí and Joaçaba), São Paulo (São Paulo, São Bernardo do Campo and
Hortolândia), Amazonas (Manaus), Espírito Santo (Linhares). Overseas, WEG has
manufacturing units in Argentina, México, Portugal, South Africa, China and India, besides
distribution and trading centers in the USA, Venezuela, Colombia, Chile, Germany, England,
Belgium, France Spain, Italy, Sweden, Australia, Japan, Singapore, India, Russia and United
Arab Emirates.