EagleTribune.com, North Andover, MA

New Hampshire

February 24, 2013

Pelham company expands

PELHAM — A corporate decision to consolidate operations in Pelham is raising hopes for more jobs locally.

The Heico Companies LLC acquired New Hampshire-based Vette Corp. last year and announced a plan to merge operations with its previously acquired Wakefield Thermal Solutions.

That plan is now unfolding. It is resulting in more than 80 layoffs in Ontario, N.Y., as operations are shifted from there to Pelham and the now merged Wakefield-Vette.

A first step last year was moving Vette’s Portsmouth operations to a Wakefield plant in Pelham.

“They have been creating jobs in Pelham from the consolidation,” said Pelham Economic Development Committee member Lisa Landry, who visited the plant for a ribbon cutting last year.

A company spokesman did not return a call yesterday concerning the job growth outlook for the Pelham plant.

“Any new jobs resulting from the consolidation would be a good thing for Pelham,” town planning director Jeff Gowan said.

Landry said it is good news as Pelham strives to bring more businesses to town.

The company has said the consolidation is expected to be complete by April.

Consolidating administration and production operations in Pelham would help the business become more efficient and responsive to customers while saving it money, the company said last year.

The Pelham plant is located at 33 Bridge St., along busy Route 38 near the Massachusetts border.

The company makes electronic cooling components and systems, and has received patents in China and Japan for its Coolcentric products. Clients have included IBM, NASA and Syracuse University.

The consolidation made business sense. Heico said Vette and Wakefield both provided thermal management solutions for the same industries.

“It is a new and exciting time for the entire Wakefield-Vette team and a promising time for the customers we serve,” company president Kevin Kreger said last summer in addressing the corporate changes.

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