WEG Electric manufactures and distributes industrial and HVAC electric motors and drives to customers worldwide through manufacturing facilities in Latin America and distributing centers in the US. The company is a subsidiary of Brazil’s WEG Indústrias S.A. Werner Ricardo Voigt, Eggon João da Silva, and Geraldo Werninghaus founded the company in 1961; the company’s name is derived by combining the first letters of the founders’ first names. WEG contributes to the scrap recycling industry in the US by supplying motors and drive systems for car-shredding machinery. Parent WEG operates in the Americas, Asia, Australia, Europe, and the Middle East.
WEG
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4.52
Overall Excellence Rating
Industry
ManufacturingCategory
Electronics ManufacturingESG/Ethical Impact
Continuous and sustainable growth while maintaining simplicity.
WEG wishes to continue growing fast in a sustainable way. The objective is to keep a simple business structure, providing flexibility for our actions. We want to offer the best of both worlds: the capacity of a global company and availability whenever necessary.
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Awards Received
2023
Revenues
6560000000
Website Traffic
Employee Rating
4.2
Customer Rating
4.7
Company Size
1000-5000
ESG Risk Rating
4
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