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Vermont Thread Gage To Build New Facility In Kentucky

August 1, 2007

Vermont Thread Gage is busting at the seams and will build a new plant next to its current manufacturing facility in Franklin, Kentucky according to Monica Greene, President of the Swanton, Vermont based company. Greene said Vermont Thread Gage will construct a new 32,000 square foot building on 10 acres in a new 143 acre portion of the Franklin industrial park.

"We have completely outgrown our 11,000 square foot facility that we built in 2001". "We need more room to grow our company" Greene said. "We are very pleased with our success in Franklin and expect to add as many as 50 new jobs over the next few years to our current work force of 75 employees".

Construction is expected to get under way in August, 2007 and is expected to be completed in early 2008.

John Gehret III, Vermont Thread Gage’s Vice President and General
Manager recently thanked local and state officials as well as the Economic Development Authority for "assisting us in identifying and providing the land and infrastructure in such a timely way". He also praised the employees and community. "We have been blessed to have dependable, hardworking employees these past six years, and our company has really grown in Franklin because of everyone’s cooperation" Gehret said.

Vermont Gage and Vermont Thread Gage are subsidiaries of Vermont Precision Tools, Inc. founded by Norman Leduc, CEO in 1968.