WEG – WEG invests in a new factory in Türkiye
Focused on the production of gearboxes, the new manufacturing unit will increase the product portfolio and strengthen the Company’s position in Europe
WEG announced investments of approximately € 28 million in a new gearbox plant in the İzmir region, in Türkiye. This project aims to address the gearbox market demand and increase the Company’s manufacturing capacity for components.
The investment is expected to be completed by 2027, increasing the gearbox manufacturing outside Brazil. The new plant will be established in a 12,000 m² building in the city of Manisa, which is 35 km from the city of Izmir, where Volt Electric Motors was recently acquired. This new plant will benefit from the synergies with the gearbox plant currently located in Austria, as well as the possibility of integrating the sales with the industrial electric motors manufactured in the country.
“We are optimistic about the growth potential of the industrial gearbox market in Türkiye and across Europe. This investment is a strategic step in our journey to expand our presence in the sector, strengthening our commitment to excellence in service, agility in deliveries and innovative solutions that meet the needs of our customers”, highlights Rodrigo Fumo, Managing Director of Industrial Motors at WEG.
WEG has been selling its products in Türkiye for more than 20 years through local distributors. In 2021, it established its own local commercial structure and, in 2022, opened a new electric motor factory in the city of Dilovasi, near Istanbul. In December 2024, the company expanded its operations in the country by acquiring Volt Electric Motor, specialized in the production of industrial and commercial electric motors. Currently, the Company employs 750 employees in the country. With the new investments the Company expects to create 150 new jobs in Türkiye.
SourceWEG
EMR Analysis
More information on WEG: See the full profile on EMR Executive Services
More information on Alberto Yoshikazu Kuba (Executive President, WEG Group): See the full profile on EMR Executive Services
More information on Rodrigo Fumo Fermandes (Global Technological Innovation Director and Managing Director, Industrial Motors, WEG Group): See the full profile on EMR Executive Services
More information on Volt Electric Motors by WEG: https://voltmotor.com.tr/en/ + Established in 1966 to produce windings, Volt Motor began manufacturing single-phase electric motors in 1987, followed by three-phase electric motors, thus securing its place in the electric motor production industry.
Between 2011 and 2024, Volt Motor became a subsidiary of Saya Holding. Through technology investments and R&D efforts, the company, with its 45,000 m² production area and nearly 800 employees, expanded its product range from frame size 56 to frame size 355, reaching up to 450 kW in power capacity.
As of December 2024, Volt Electric Motors became part of WEG, one of the largest electric motor manufacturers in the world, while also standing as one of Turkey’s largest electric motor producers.
Since its founding, Volt Motor has achieved remarkable success in the electric motor production industry and continues to make a difference in the sector by reflecting its innovative projects in its business processes.
EMR Additional Notes:
- Industrial Gearbox:
- An industrial gearbox is a type of enclosed system responsible for transmitting mechanical energy to designated units. In the process, gearboxes control rotation speed and torque. Unlike standard gearboxes, industrial models feature a longer lifespan and improved safety mechanisms.