WEG says no change of plans for Mexico despite tariff threats

SAO PAULO, Feb 27 (Reuters) - Brazilian motor maker WEG WEGE3.SA sees no reason to change its plans for the Mexican market at the moment, an executive said on Thursday, despite U.S. President Donald Trump's pledge to implement 25% tariffs on Mexican goods from March 4.

WEG, which already has a large footprint in Mexico as well as plants in the United States, had announced last year plans to invest in wire production and build a new liquid paint factory in Mexico.

"Mexico is an important hub for WEG not only for exports, but also for the local market, so we have no change in our positioning in relation to Mexico," finance head Andre Rodrigues told analysts in a conference call.