The Brazilian company WEG is set to invest US $250 million in Mexico to build a new industrial plant in the state of Hidalgo, where it will manufacture electrical equipment to strengthen energy infrastructure and data centers.
WEG, whose Mexico headquarters are in Huehuetoca, México state, will also work to develop technologies related to artificial intelligence at the new plant.
The announcement was made by Economy Minister Marcelo Ebrard during President Claudia Sheinbaum’s Thursday morning news conference.
The project, the latest component of Sheinbaum’s national economic and sustainable development strategy known as Plan México, is slated for development between 2027-2030 and is expected to create 2,000 direct and 4,000 indirect jobs.
Ebrard emphasized WEG’s importance in Mexico’s industrial sector, noting that it is one of the world’s leading companies in the manufacture of generators, alternators and transformers, all essential equipment for expanding production capacity.
Calling it “a sign of confidence and certainty for the country,” Ebrard said that “everything that involves economic growth depends on the type of equipment” WEG manufactures.
Sheinbaum described the investment as historic, especially as it means critical equipment will now be produced in Mexico, instead of being imported.
“The investment being made in transmission and distribution, substations and transformers … is between two and three times the investment made in previous administrations,” Sheinbaum said.
Also in attendance, WEG Global Vice President Daniel Godinho said the investment highlighted a “new stage of growth” for WEG in Mexico, explaining that the expansion of digitalization requires electrical networks capable of supplying power to servers, cooling systems and processing equipment
“Technology needs energy and energy needs industry,” he said, adding that behind every data center there is an integrated infrastructure consisting of generators, transformers, electric motors, distribution systems and automation solutions.
Godinho also thanked the government of Hidalgo for making this process possible for WEG, which has been in Mexico for more than 25 years and invested more than US $400 million during the past four years.
WEG employs 6,000 people in Mexico and its national infrastructure includes four industrial parks and 15 industrial buildings, as well as a commercial network featuring 500 distributors.
With reports from El Universal, El Economista and Excelsior
