MN Welding Co. Expands, Adds 32 Jobs
WFSI, Inc., recently announced plans to use funding from the Minnesota Department of Employment and Economic Development (DEED) to add jobs and grow its welding business.
The company received $200,000 from DEED’s Minnesota Investment Fund—a program that helps finance statewide job creation and retention in the industrial, manufacturing, and technology-related industries.
The Sauk Rapids-based welding company—whose manufactured products include gas turbine fuel systems and high-pressure hydraulic piping, as well as parts for naval guns and submarines—said the funding will bolster its operations and help finance the hiring of 32 new employees, who will add to its current staff of 45 over the next two years.
“This funding will help us at WFSI acquire major pieces of equipment, which will significantly increase the capacity, capability, and quality of the WFSI, Inc., output,” Chief Financial Officer Allan Beyer said in a statement. “We also expect to create a business environment that will attract talented people to our company and the St. Cloud region.”
In April, new owners acquired the business, which was formerly known as W.F. Sarince, changed its name to WFSI, Inc., and announced plans to move the company from its 14,000-square-foot location in Sauk Rapids to a 145,000-square-foot facility on Industrial Boulevard in Sauk Rapids (formerly the Komo Machine, Inc., site). WFSI said the space upgrade would allow it to manufacture larger products, such as pressure vessels used in the oil industry.
Last year, DEED awarded nearly $4 million through its Minnesota Investment Fund program, and the agency said the funding helped create or retain 927 jobs in the state.
“This funding package will have an important impact on the economy and contribute to regional job growth,” DEED Commissioner Katie Clark Sieben said in a statement, regarding the Minnesota Investment Fund. “Employment for welders in Central Minnesota is on the upswing as manufacturing activity in the area rebounds from the Great Recession, and that is good news for exceptional manufacturing employers like WFSI.”
Founded in 1983 by welding engineer William F. Scarince, WFSI, Inc., is a privately held company that offers weld design, manufacturing, and engineering support to companies in the oil and gas, energy, and military sectors.