A significant investment is on the horizon for Mexico as the Brazilian company WEG plans to invest $250 million in a new industrial plant in Hidalgo. This venture aims to produce electrical equipment essential for bolstering energy infrastructure and data centers. The project, announced by Economy Minister Marcelo Ebrard at a press conference with President Claudia Sheinbaum, is expected to have a considerable impact on local communities by creating around 6,000 jobs—2,000 direct and 4,000 indirect—during its development expected between 2027 and 2030.
WEG, which has its Mexican headquarters in Huehuetoca, will also focus on developing technologies related to artificial intelligence at this new facility. Ebrard highlighted the company’s vital role in Mexico’s industrial sector, stating that its products, such as generators and transformers, are critical for expanding manufacturing capabilities across the country. Sheinbaum noted the historical significance of this investment, pointing out that it enables Mexico to produce essential equipment locally rather than relying on imports.
The investment is part of Sheinbaum’s broader economic and sustainable development strategy, known as Plan México. The government aims to enhance domestic production in sectors like energy transmission and distribution, where investments now are two to three times higher than in previous administrations. WEG’s Global Vice President, Daniel Godinho, expressed enthusiasm for this project, emphasizing that the growth of digitalization necessitates robust electrical networks to support advanced technologies like servers and cooling systems.
Godinho also expressed gratitude towards the government of Hidalgo for facilitating this investment. WEG has been operating in Mexico for over 25 years and has previously invested more than $400 million in the country, currently employing 6,000 people across four industrial parks and 15 buildings. With this new venture, WEG aims to play a more significant role in Mexico’s industrial landscape, reinforcing the country’s position in global energy infrastructure.