27-05-2025
Billionaire-Minting Brazilian Motor Maker Gears Up to Fight Trump Tariffs
It's said that 'dividend days' are the best days of the year in the remote Brazilian town of Jaragua do Sul, population 180,000.
That payment, together with a profit-sharing program from electric-motor maker WEG SA, helps to support some 20% of the city's residents, spanning current workers to family members and retirees. The 64-year-old company, founded by an electrician, an accountant and a mechanic, says its own health clinics treat nearly as many patients a year as the city's health system.
