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 Director
Williams County Housing Opportunities Assessment
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 to complete a housing analysis.
The housing analysis completed by DiSalvo Development Advisors, DDA, will be used to communicate 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.
2nd Annual Energy Update
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. Mr. Andre presented information on energy conservation/efficiency with a focus on lighting, compressed air and power factor correction improvements. This event was presented Thursday, October 11, 2018.
WEDCO BOARD MEETINGS
Williams County Community Offices, Conference Room A&B
1425 East High Street, Bryan, Ohio 43506
12/17/18, 11:00AM Montrose Opportunity Zone Site Development Webinar, Register online here
12/18/19, 2:30PM Workforce & Marketing Subcommittee Meeting
1/22/19, 8:00AM WEDCO Board Meeting
2/14/18, 9:00AM NORED Meeting, hosted by WEDCO, location TBA
FEATURED AVAILABLE SITE: Bryan South Industrial Park
Bryan’s original industrial park, located on East Wilson Street, is 88 acres and home to 15 small manufacturing, wholesale supply, and shipping businesses. The park currently has six vacant lots ranging in size from 4.2 to 8.5 acres available for small to mid-size companies.
FEATURED DECEMBER MEMBER: 20/20 Custom Molded Plastics
20/20 Custom Molded Plastics, a structural foam molding company for large component parts, is investing $42 million in an expansion project at its Holiday City facility. The project involves constructing a new 245,000 square foot high-pressure facility in two phases, as well as investment in the world’s largest high-pressure injection press, weighing 6,670 tons, according to the company… read more from the Toledo Business Journal here