Jobs Secured at Weidmann

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Created on Thursday, 25 October 2012 13:57
Written by Peter Lipomi

Politicians to weidmanST. JOHNSBURY - An addition to machinery at Weidmann Electrical Technology, Inc. has solidified jobs for the years to come.

At an open house on Wednesday, State Senator Jane Kitchel, was at the plant to see the result of what was a unanimous decision from the Senate.

 Kitchel spearheaded for a tax credit saying that, "without this investment coming to the St. Johnsbury plant, the equipment would have been obsolete and the plant would have phased out."

The addition of the new press was something the Northern Community Investment Corporation, or NCIC, also wanted to see in order to help the poor economic conditions in the Northeast Kingdom.

The NCIC partnered with Weidmann to see the investment follow through. According to the NCIC website, 280 jobs have been secured for the region.

The NEK is currently classified as a "reap zone," which established with Congress in order to address critical issues in rural communities. Approval by the Senate would not have happened without it.

"It is a terrific thing to be able to secure the employment here for decades to come. Anytime we have an opportunity to help with employment and the development in the region, we are happy to do so." said John Freeman of NCIC.

The project's final cost totaled 40 million dollars.