BUSINESS NEWS: Wurth Electronics Midcom to build new Watertown headquarters
April 9, 2024
WATERTOWN, S.D.– Wurth Electronics Midcom, a leader in the manufacture of electronic and electromechanical components, is pleased to announce the commencement of construction on a building, totaling 70,000 square feet.
The new headquarters will serve as the cornerstone of Wurth Electronics Midcom’s commitment to innovation and growth in the electronics industry.
The state-of-the-art facility will feature eco-friendly design, an employee fitness room, and an outdoor terrace.
This investment represents Wurth Electronics Midcom’s dedication to providing an employee-forward workspace for its staff and facilitating growth toward 225 employees in Watertown. This estimate nearly doubles the current staff capacity over the next 10-15 years.
“The building was designed around our people, specifically with the employee experience in mind: maximized daylight accessibility, alternative workspaces, and an outdoor terrace are some of the most exciting features,” says Toby Kangas, Project Manager of the new building at Wurth Electronics Midcom. Furthermore, the Company remains committed to sustainable practices and will pursue Leadership in Energy and Environmental Design (LEED) Silver certification for the new facility.
As the headquarters for Wurth Electronics Midcom, the Watertown location employs a wide variety of disciplines, including engineering, sales, R&D, marketing, and more. It also serves as the warehouse for both North America and South America. The Company hosts an annual employee conference for a week each summer, where over 200 employees travel to Watertown from around the Americas.
“We are thrilled to embark on this exciting new milestone for our company, and mark this as another step toward the completion of our Vision 2030,” said Don Rigdon, President of Wurth Electronics Midcom. “The construction of our new headquarters underscores our unwavering commitment to build loyalty with our employees, customers, and partners. This will enable us to further enhance our capabilities and deliver an exceptional employee
experience.”
Co-op Architecture spearheads the design after beating out other architectural firms in a unique design competition hosted by the local Watertown business. Gray Construction contracts the build oversight, and construction is slated to begin in May 2024, with expected completion in Spring 2026.
The Company invites the public to a groundbreaking ceremony on April 26 at 2:00pm, which will take place at 121 Airport Drive.
Würth Elektronik purchased Wurth Electronics Midcom (then Midcom, Inc.) in 2007. At the time of acquisition, just under 50 employees worked at the Company. Over the last 17 years, the company has experienced an average annual growth rate of 12%.
The Würth Elektronik group is comprised of over 40 companies around the world and belongs to the larger Würth Group, a family-owned entity with 400 companies in over 80 countries. The Würth Group celebrates sales of EUR 20.4 billion, according to preliminary financials in the 2023 fiscal year.
For more information about Wurth Electronics Midcom’s new building and updates on the construction progress, visit the Company’s Facebook page or stop by the temporary headquarters at 1425 Mickelson Drive, near the Terry Redlin Art Center.