UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): November 16, 2006


                            WELLCO ENTERPRISES, INC.
             (Exact name of registrant as specified in its charter)

    NORTH CAROLINA                    1-5555             56-0769274
(State or other jurisdiction        (Commission         (IRS Employer
       of Incorporation)            File Number)     Identification No.)

150 Westwood Circle, P.O. Box 1888, Waynesville, NC              28786
   (Address of principal executive offices)                   (Zip Code)

Registrant's telephone number, including area code:  (828) 456-3545

                                 Not Applicable
          (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions.

[ ]      Written communication pursuant of Rule 425 under the Securities Act
         (17 CFR 230.425)

[ ]      Soliciting material pursuant to Rule 14a-12 under the Exchange Act
         (17 CFR 240.14a-12)

[ ]      Pre-commencement communications pursuant to Rule 14d-2(b) under the
         Exchange Act (17 CFR 240.14d-2(b))

[ ]      Pre-commencement communications pursuant to Rule 13e-4(c) under the
         Exchange Act (17 CFR 240.13e-4(c))






Section 5 - Corporate Governance and Management

Item 5.02   Departure of Directors or Principal Officers, Election of Directors;
            Appointment of Principal Officers.

Paragraph (c) of Item 5.02.

On November 14, 2006 Tammy  Francis was  appointed as Vice  President of Finance
for the  Company  and  reappointed  to the  office of  Treasurer  and  Assistant
Secretary. Ms. Francis joined the Company in 1996 as controller. Ms. Francis was
appointed  to the office of Assistant  Secretary in 1998 and  Treasurer in 2003.
Ms.  Francis is a Certified  Public  Accountant.  She graduated from the Western
Carolina  University in 1981 with a B.S. in Accounting.  She is 47 years of age.
No employment agreement exists between the Company and Ms. Francis.


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                            WELLCO ENTERPRISES, INC., Registrant


                                            /s/ Lee Ferguson
                                            -----------------------------
November 16, 2006                           Lee Ferguson, President