WEIDMANN Electrical Technology, Inc.

The WEIDMANN companies, including St. Johnsbury-based WEIDMANN Electrical Technology, Inc., are global leaders in the design, manufacture, testing and supply of electrical insulation for oil-filled transformers of all voltage ranges. WEIDMANN was founded in Rapperswil, Switzerland 125 years ago and the parent company, now known as WICOR (WEIDMANN International Corporation), continues to be based there.

VEDA approved $25 million in tax-exempt Recovery Zone Facility Bond (RZFB) financing, purchased by TD Bank, to help WEIDMANN substantially improve the St. Johnsbury plant’s production quality and efficiency through the purchase and installation of a large new paperboard production machine and related equipment. The $52 million improvement project will allow WEIDMANN to boost production capacity, meet more demanding product quality standards, and help secure the future of this important Northeast Kingdom employer of over 260 people for decades to come.