ST. JOHNSBURY, Vt. (WCAX) – A Northeast kingdom manufacturer is poised to grow.
Weidmann Electrical Technology is a tech and manufacturing plant in St. Johnsbury – the company’s only plant of its kind in North America.
Now, thanks to $15 million in new markets tax credit allocation, substantial expansions are on the way.
That’s thanks to Evernorth Rural Ventures, who say the move will offer advancement for 300 existing jobs and create 67 more positions in a part of Vermont that struggles with poverty.