MWET3 fundamentals

Wetzel SA engages in the manufacture of iron and aluminum parts and components for the automotive industry. It operates through the following segments: Aluminum, Iron, and Electrical. The Aluminum segment develops and produces parts and assemblers of vehicles and motorcycles such as hot charging air duct, body dryer, throttle housing, collector admission, oil pan, clutch housing, valve housing, master cylinder, and pump housing. The Iron business segment produces brake support, spring support, steering box, brake compressor frame, fuel pump frame, crankshaft, water pump, hydraulic bodies, and cradle. The Electrical segment comprises development, production, and sales of products for the industrial illumination and electrical installation. The company was founded by Wigando Schmidt, Arnoldo Wetzel, and Erwino Wetzel on April 11, 1932 and is headquartered in Joinville, Brazil.