Saint Johnsbury, VT (2010)

Weidmann Technology

Investment

NMTC Amount: 34,563,761

Total Project Cost: 37,569,526

IMPACT

105 FTE jobs

60 construction jobs

Electrical Insulation Manufacturer: A project involved the construction of a 24,338 sq. ft. manufacturing facility and the acquisition of new machinery for WETI, a global leader in electrical insulation for transformer manufacturers and transformer users.

Project Description

Electrical Insulation Manufacturer: This project involved the construction of a 24,338 sq. ft. manufacturing facility and the acquisition of new machinery for WETI, a global leader in electrical insulation for transformer manufacturers and transformer users. Once completed this facility will be the only location in the U.S. with this type of equipment. Without NMTC financing, WETI was likely to expand its operations in another international location.

MAP

1 Gordon Mills Way, Saint Johnsbury, VT 5819

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