What We Do
HADCO was created in 1992 as a public/private partnership. HADCO is a non-profit 501 (c)(3) organization with over 80% of its funding from the private sector.
We Create Jobs
The mission of the Huntington Area Development Council (HADCO) is to attract new employers to Cabell and Wayne Counties, West Virginia, to retain existing employers, and to help all employers expand their businesses. The accomplishment of this mission will enhance the area business climate, facilitate continued area growth, diversify the local economy, expand the tax base, and enhance the employment opportunities for residents, thereby improving the overall standard of living for all citizens.
How We Do It
HADCO markets the assets of the greater Huntington area to business prospects looking to relocate or expand. Prospects are developed through targeted strategies utilizing direct sales calls, direct mail, trade shows, networking, website, and coordination with State and other economic development organizations.
Industrial Buildings and Sites
HADCO maintains listings of available business sites and buildings in the area. HADCO also develops business parks and constructs and manages available industrial buildings to accommodate business growth.
HADCO maintains and compiles a Community Profile, which contains information frequently requested by prospects looking for area investment. Data profiled includes taxes, labor force, demographics, education, community facilities, and infrastructure development. Information is always tailored to a specific prospect's needs.
Financial Resources and Incentives
HADCO operates a $10 million loan pool from area banks to finance new projects. In addition, HADCO acts as a broker for State, federal and local financing, and job training loans and grants to assist new and expanding businesses.