WEG S.A.
A PUBLICLY LISTED COMPANY
CNPJ nº 84.429.695/0001-11
NOTICE TO THE MARKET
Investments in a new industrial paint factory in Mexico
WEG S.A. (B3: WEGE3 / OTC: WEGZY) announces to its shareholders and the general market that it will invest R$100 million to a new industrial liquid paint factory in Mexico.
The construction of the new unit will expand WEG Tintas' current production capacity and aims to serve the North and Central American market. The new factory will have approximately 5,300 m² (57,000 ft²) of built area and is expected to come into operation in early 2026.
The investments will be made in Atotonilco de Tula, where the company already produces powder coatings for the industrial and infrastructure segments. In addition to this unit, WEG also produces industrial paints and varnishes in Guaramirim and Mauá, in Brazil, and Buenos Aires, in Argentina.
Jaraguá do Sul, March 12, 2024
André Menegueti Salgueiro
Finance Director and
Investor Relations Officer
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WEG SA published this content on 12 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 March 2024 11:23:22 UTC.