WAVERLY, Neb. — A multimillion-dollar facelift is under way on Valmont Industries’ buildings in Waverly.
The project includes the demolition or modification of 12 buildings on the property and the opening of a gearbox manufacturing plant by July 2013 that will bring a number of new jobs, according to Waverly Mayor Mike Werner. A city building permit indicates the renovation will cost $3.5 million to $4.5 million. The property is at 14441 Highway 6.
Kiewit Building Group is the contractor for the project and Davis Design is the architect.
Jeff Laudin, Valmont manager of investor relations, declined to share details of the project.
Valmont operates 93 manufacturing facilities in 23 countries and employs about 8,400 people, according to its website. The company headquarters is in Omaha and 1,500 of its employees are in Nebraska.
The new facility will allow Valmont to expand its production capacity. It already produces gearboxes out of its plant in Valley.
— World-Herald News Service