 WEG has operations in around 100 countries, with approximately 31,000 employees (2014).The company Eletromotores Jaraguá was created on 16 September 1961 by Werner Ricardo Voigt, Eggon João da Silva and Geraldo Werninghaus (respectively an electrician, an administrator and a mechanic).Years later changed its name to Eletromotores WEG SA, the name WEG being formed with the first letter of each founder's first name.