WATT DRIVE ANTRIEBSTECHNIK GMBH

Watt Drive, founded in 1972, is an Austrian technology company based in Markt Piesting, south of Vienna, specializing in products and system solutions in automation and drive technology. Since December 2011, Watt Drive has been part of the Brazilian WEG Group, one of the leading international manufacturers of electric motors. Watt Drive develops, produces, and distributes gear motors, three-phase motors, frequency converters worldwide, and offers a modularly combinable range of complete drive systems for production machines and industrial manufacturing plants with its motor and gearbox kit. The Watt Drive Group consists of branches in Germany, Singapore, and Malaysia. Furthermore, Watt Drive is represented in all major industrial countries through a dense global network of distributors and sales. WEG, founded in 1961, primarily operates in the capital goods sector and is one of the world's largest manufacturers of electrical and electronic equipment. Its five main product lines are: motors, automation, energy, distribution & transmission, and paints. With over 24 thousand employees, it reported a net revenue of 5.2 billion R$ in 2011. The WEG Group has its headquarters and major industrial facilities in Jaragua do Sul / Santa Catarina, Brazil.