Williams County Economic Development Corporation (WEDCO) proudly serves all of Williams County, Ohio. If you are a large corporation or a small business WEDCO is prepared to assist you with any effort you pursue. Whether you require information about our fantastic location in Northwest Ohio, utilities or demographic information, WEDCO is ready to help you find the answers you need!
Message from the Interim Director
Former Assistant Director, Megan Puehler, has been named interim director of WEDCO following the resignation of Matt Davis.
Puehler, a Defiance native, Tinora High School & Defiance College Alumna, has been heavily involved in the organization’s inner workings since her arrival in the summer of 2015. She ultimately stepped into a full-time role at WEDCO upon completion of her MBA in 2016.
Former Executive Director, Matt Davis, has stepped down from his position to take a regionally based economic development position with the Regional Growth Partnership. Sept. 6th marked Davis’s last day at WEDCO. He now assumes the role of senior manager of site selection. There, starting Sept. 10, he will be helping businesses to find sites that fit their needs across a region covering 17 counties, managing informational responses for project leads and also providing assistance to RGP’s project management team.
3rd Annual Energy Update
September 11, 2019 – WEDCO in partnership with the Bryan Chamber of Commerce hosted the 3rd Annual Energy Update with BMU & Ohio Gas Company.
The annual energy update is designed to share information that can assist customers in budget preparation and identify options that may help better manage utility expenses. The good news – BMU anticipates no significant changes to electric costs in 2020; the 2020 natural gas outlook estimates there will be a 7% decrease for CEP Industrial Customers and 3.5% decrease for CEP Residential Customers (contingent on normal weather).
Small Business Seminar
September 5, 2019 – WEDCO recently hosted a Small Business Seminar in partnership with Lisa Becher, Northwest Ohio SBDC Director; Raymond Graves, U.S. SBA, and Adam Salon, JumpStart. Presenters shared information and resources on how to write a business plan, first steps of starting a business, access to capital, mentoring and other business services available to up and coming entrepreneurs.
This event was sponsored in part by the Bryan Area Chamber of Commerce. Check out the presentations below!
Housing plays an important role in the quality of life for residents, sustaining an adequate labor pool for area employers and the attraction of future employees to Williams County. The WEDCO workforce and marketing subcommittee recognized the importance of understanding the housing market in Williams County, and reached out to DiSalvo Development Advisors, DDA, to complete a housing analysis.
The analysis was completed in the summer of 2018. The survey assists in communicating with developers and home builders opportunities that may exist to bring new housing to Williams County. DDA, has experience working with municipalities and non-profit organizations in other markets in Ohio with proven success in attracting housing developers to communities and/or providing supportive documentation for new development.
Download the Williams County Housing Opportunities Assessment:
Understanding Opportunity Zones & HUBZones
WEDCO hosted the “Understanding Opportunity Zone and HUBZones” event with special guests from Montrose Development Advisors and the U.S. Small Business Administration on Wednesday, November 7, 2018.
What is an Opportunity Zone?
The Tax Cuts and Jobs Act created Opportunity Zones to spur investment in distressed communities throughout the country. New investments in Opportunity Zones can receive preferential tax treatment. Qualified Opportunity Zones retain this designation for 10 years. Investors can defer tax on any prior gains until no later than December 31, 2026, so long as the gain is reinvested in a Qualified Opportunity Fund, an investment vehicle organized to make investments in Qualified Opportunity Zones. In addition, if the investor holds the investment in the Opportunity Fund for at least ten years, the investor would be eligible for an increase in its basis equal to the fair market value of the investment on the date that it is sold. Click here to read the full press release from the U.S. Department of the Treasury
What is a HUBZone?
Historically Undertilized Business Zones receive preferential consideration for government contracts. HUBZone-certified businesses also get a 10 percent price evaluation preference in full and open contract competitions. HUBZone-certified businesses can still compete for contract awards under other socio-economic programs they qualify for.
WEDCO BOARD MEETINGS
Williams County Community Offices, Conference Room A&B
1425 East High Street, Bryan, Ohio 43506
11/19/19, WEDCO Board Meeting
12/4/19, Mental Health First Aid, by invitation only to Williams County United Way business partners
12/9/19, 11:30AM-3:30PM The Advanced Manufacturing Consortium at Northwest State round table discussion Connecting Tomorrow’s Workforce Save the Date December 9 2019
3/31/19, WEDCO Annual Meeting & Awards Luncheon, details coming soon
FEATURED AVAILABLE SITE: 2 Kexon Drive, Pioneer OH 43554
Building: 157,550 SF/Divisible
Sale Price: $5,545,000
Lease Rate: $3.50 /sf
Pioneer is a public power town with robust, dependable, but very economical utility rates, low 1% income tax, very business friendly.
Use since inception has been the manufacture of tailor welded blanks for the automotive industry.