WEG is a Brazilian company, operating worldwide in the electric engineering, power and automation technology areas. Headquartered in Jaraguá do Sul, Brazil, the company produces electric motors, generators, transformers, drives and coatings. WEG has operations in around 100 countries, with approximately 31,000 employees (2014). WEG appeared in Forbes list of the 100 largest small global companies of the world (lacks trusted source or reference link). And it has been ranked by magazine Exame as the 9th most competitive company in the American continent. WEG is the largest Latin American electric-motor manufacturer.