One of the largest employers in Faribault County will undergo a multi-million dollar face-lift soon.
Wells City Administrator CJ Holl says Wells Concrete is planning to build a new production plant at its current location along Highway 22.
“It will give them expanded capabilities and will likely mean new employees being hired,” says Holl.
Officials at the company’s headquarters in Albany, MN, did not respond to requests to provide more details.
Holl announced the expansion plans Thursday morning during an interview on KBEW Radio.
Holl tells Tripleanews.com that the precast concrete producer has been operating in the city since 1957 and currently employs about 150 workers.
The new facility in Wells is expected to cost $7 million and an additional $2 million will be spent for equipment.
“Construction will start shortly and go throughout the summer,” says Holl. “They have a batch/assembly plant there now and are adding another one.”
According to a business website, Wells Concrete has five other production plants in Rosemount and Albany, MN; Denver, Colo; Crystal Lake, Ill.; and Valders, Wis.
The company has provided architectural and structural precast products, says the website, for commercial construction projects from Canada to New Mexico and Indiana to Colorado.
The U.S. Bank Stadium for the Minnesota Vikings and the University of Minnesota Athletes Village are among the many projects in the state that Wells Concrete has supplied precast concrete.