At the Wyandot County Office of Economic Development (WCOED) 9th Annual Dinner on Monday, Nov. 13th, the organization shared the past year of project metrics, which included new annual records in many categories. Led by the major attraction project of the Smith Drug Company, a major U.S. medical distribution company, the WCOED executed a combined 3 attraction projects and 3 expansion projects in 2017.
The combined major performance metrics of these projects accounted for:
- 124 New Jobs Created
- $5,507,700 New Annual Payroll*
- 907 Jobs Retained*
- $41,562,056 Jobs Retained Annual Payroll*
- $88.4 million New Capital Investment*
- $625,375 Grant Funds Secured
- $753,846 Incentive Value Secured
New annual records for the organization were seen in the areas of new annual payroll, jobs retained, retained annual payroll, and new capital investment.
In addition to the metrics, WCOED Director shared more positives of the Wyandot County economy as well as awarded two local businesses for their support in advancing the local economy. Kimmel Cleaners was one recipient of the Wyandot County Distinguished Contribution to Economic Development Award in recognition of its current expansion project in Upper Sandusky, and the First Citizens National Bank received the award for its Carey Banking Center expansion project completed earlier this year. Both organizations were also recognized for their widespread support of multiple efforts and charitable organizations throughout the county.