WEG SA engages in the manufacturing, marketing, importing, and exporting of electric components. It operates through the Brazil and Foreign segments. The Brazil segment covers industry and energy operations which include distribution of single phase and triple phase motors, equipment and services for industrial automation, paints, and varnishes; as well as electricity generators for thermal and hydraulic power plants, hydraulic turbines, transformers, substations, wind power generators, control dashboards, integration services of renewable and distributed energy systems and solutions. The Foreign segment refers to the operations carried out by the subsidiaries located in various countries. The company was founded by Eggon João da Silva, Werner Ricardo Voigt and Geraldo Werninghaus on June 9, 1961 and is headquartered in Jaraguá do Sul, Brazil.
By Michael Wursthorn Shares of planes, trains and automobiles are skidding, and that often spells trouble for the rest of the market. But some analysts and investors aren't heeding the century-old warning sign this time around.
By Keach Hagey and Joe Flint In the past year, every single one of the biggest media companies in the U.S. has either agreed to a transformational merger or considered one. Now the industry is trying to figure out what the Justice Department's lawsuit to block AT&T Inc.'s acquisition of Time Warner Inc. means for other deals.
By Sarah Kent and Bradley Olson LONDON -- Exxon Mobil Corp. has joined with seven other big energy companies to reduce pollution from natural gas production, an effort by the industry to present itself as part of the solution as governments and consumers demand more environmentally friendly energy.
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