Protagonist in the sector of electric motors and drives, WEG S.A. has announced that, through its foreign branches abroad, it will take over the business of industrial electric motors and generators of Regal Rexnord Corporation, a global manufacturer of electromechanical equipment.
It is an operation worth 400 million dollars that focuses on the activities of industrial electric motors and generators by Marathon, Cemp and Rotor brands, inside the operational segment Industrial Systems of Regal Rexnord.
According to the president of WEG, Harry Schmelzer Jr, this takeover is in conformity with the strategy of constant and sustainable growth, international expansion and diversification of WEG Group’s industrial operations.
Regal Rexnord’s Marathon brand, for example, is very strong in the mining sector, with its Marathon TerraMAX TCM motors and Marathon XRI Severe Duty motors, which are low-voltage series designed to meet the requirements of mining applications while offering premium IE3 efficiency.
Still speaking of mining motors, WEG is scoring some important orders.
Last June, they announced the supply of 14 synchronous motors to an important mining company in the Chile region of Atacama.
The project will grant operational continuity to the mining plant’s service life for the next 40 years or longer, through the open-pit exploitation of the remaining resources of the main underground deposit.