The company anticipates that the deal could be closed in May with a subsequent relocation of its operations over the remainder of the year.
WSI Industries now leases a 28,000-sf facility at 18151 Territorial Rd. in Osseo, MN.
"As WSI's sales have increased we have investigated numerous alternatives and feel that the proposed Monticello location is the best option to accommodate our current customer requirements and future growth opportunities," says president and chief executive officer Michael J. Pudil.
WSI Industries, Inc. is a contract manufacturer that specializes in the machining of complex, high-precision parts for a wide range of industries, including avionics and aerospace, recreational vehicles, computers, small engines and the defense market.
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