WASHINGTON, Mo. – WEG, a global leader in transformer production, announced a $77 million expansion in Washington, Missouri, that will create 50 new jobs. The expansion looks to increase WEG’s ...

Sept 23 (Reuters) - Brazilian motor maker WEG (WEGE3.SA), opens new tab will invest $77 million in a U.S. specialty transformer manufacturing facility, it said on Tuesday, seeking to increase the ...

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EBITDA margin above 22% indicates cost control and resilience, even with macroeconomic pressures. High capex puts pressure on ROIC in the short term, but strengthens the company's competitive ...

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Decart, an Israeli AI company that emerged from stealth today with $21 million in funding from Sequoia and Oren Zeev, has released what it’s claiming is the first playable “open-world” AI model.