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The Company presently known as Wellco Enterprises, Inc. began operations in Waynesville, NC in 1941 under its original name, Wellco Shoe Corporation. By way of background, the history of Wellco goes back to the nineteenth century when the grandfather of the founding partners started the family's first shoe factory in Germany. In the early 1930's, the German company developed the first practical method for molding and attaching a rubber sole to a shoe upper in a single vulcanizing operation. The German company had the foresight to patent this technology worldwide.