WEG began in 1961 as a small motor workshop in southern Brazil. Today it is one of the world's largest makers of electric motors, and a quiet pillar of the global shift toward electrification. Full nameWEG S.A. Tickers / exchangeWEGE3 — B3 (São Paulo) HeadquartersJaraguá do Sul, Santa Catarina, Brazil SectorIndustrials — Electrical Equipment & Parts Employees49,258 Market valueR$213.5 billion (US$41.4 billion) Yearly salesR$40.1 billion (US$7.8 billion) Net profitR$6.4 billion (US$1.2 billion) Net margin15.6% Return on equity30.8% Price-to-earnings34.1 Dividend yield0.04% Websiteweg.net What it is WEG makes the machines that move …
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