We're the BDC. And we're here to partner in economic development through land, building and financing.
I would like to welcome you to our website. The Van Wert Business Development Corporation (BDC) has existed since the 1950s and is comprised of a group of diverse private business men and women. It's our pleasure to be a partner in the economic development of Van Wert County, Ohio. We're nimble, responsive and results-oriented.
The BDC focuses on assisting businesses in acquiring real estate, construction and attractive financing. We also assist in providing spec buildings to our county as a way to provide an inventory to on-demand business opportunities.
Whether you are from Van Wert or not, if you are interested in locating or growing a business in Van Wert, we are here to help. It's our pleasure to make economic development easy in Van Wert.
Andy Czajkowski , President
The mission of the BDC is to provide economic development opportunities through assisting businesses with land and building acquisitions and providing favorable financing opportunities to create a fertile business environment and serve the people of Van Wert County, Ohio.
The BDC holds options to purchase real estate for future economic development. These holdings allow our community to provide certainty to prospective businesses as to start-up costs. Also, these options allow our leaders to plan for expansion, whether pre-annexation measures or planning for the required utilities for such sites.
The BDC is proud to announce plans for a new 100,000 square foot spec building located at the site of the abandoned Chrysler Amplex building on Bonnewitz Road, just south of U.S. Route 30. This complex has been abandoned since the late 1980s and is on the cusp of revitalization thanks to a 1.2-million-dollar grant to demolish the site from the Ohio Regional Growth Commission.
Economic development is a team sport. The BDC is proud to play a role. In addition to providing loans and land options, the BDC has also partners with other economic development entities. Here are just some examples.
In 2015, the BDC partnered with the Van Wert CIC to achieve a food and beverage certification for the Van Wert Vision Industrial Park, which is located on the north side of the City of Van Wert, just south of U.S. Route 30.
The BDC provides low or no-interest financing to new or expanding businesses.
Case Study: Precise Marketing International, Inc. In 2015, the BDC was proud to finance the re-location of the manufacturing of the former Kelly Manufacturing to Van Wert. Kelly formerly manufactured a respected line of metal scoop attachments for heavy-duty equipment a line of backhoes.