Weidmann to expand manufacturing plant in Vermont
ERV has announced the closing of $15 million in its NMTC allocation for the expansion of the Weidmann Electrical Technology, Inc. plant in St. Johnsbury, VT.

Image for illustration purposes.
USA, Vermont: Evernorth Rural Ventures (ERV) has announced the closing of $15 million in its New Markets Tax Credit (NMTC) allocation for the substantial expansion and improvement of the Weidmann Electrical Technology, Inc. manufacturing and technology plant in St. Johnsbury, Vermont. Weidmann’s St. Johnsbury facility is the only plant of its kind in North America.
The expansion project is critical to serve the rapidly growing United States market and to continue building and developing the company’s relationship with the St. Johnsbury workforce and community. With the support of the investment, Weidmann’s Power Transformer Center of Excellence will expand its existing components production building by 21500 square feet, build a new 10000 square foot warehouse to provide needed storage space for finished goods, and purchase and install state-of-the art new equipment.
The initiative highlights Weidmann’s role in supporting America’s energy infrastructure. The new center, currently the largest investment in the Weidmann Group globally, will harness the expertise of the local skilled talent and train new workers to drive innovation and growth. In addition to the Evernorth Rural Ventures investment, the expansion was made possible by regional support and partnerships including Mascoma Bank, Mid-City Community CDE, U.S. Bancorp Impact Finance and Massachusetts Housing Investment Corporation.
Source: Weidmann/Evernorth
#Evernorth#Evernorth Rural Ventures#expansion#manufacturing plant#USA#Vermont#Weidmann#Weidmann Electrical Technology#Weidmann Group