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In 2012, as the U.S. economy began to
recover from the downturn of the late 2000s,
Multicoat Corporation faced a dilemma. The
company, which manufactures pool, deck,
concrete, floor and wall coating materials, was
headquartered in California and leased a small
manufacturing facility in Winfield, WV. As their
customer base in the eastern United States
grew, shipping products from California was
becoming less cost efficient. It was clear the
company needed to increase manufacturing
capacity on the East Coast to meet growing
customer demand. Initially, the company was
strongly considering large southern cities,
particularly Charlotte, NC, and Atlanta, GA.
“When we started discussing possibly
moving the operations, I called the Putnam
County Development Authority (PCDA) and
set the wheels in motion to help us persuade
the owners to keep the East Coast operations
in West Virginia,” says John Dill, vice president
at Multicoat. “As company executives began
navigating the location decision process, they
evaluated a wide range of data related to
logistics, the overall cost of doing business,
work force quality and availability, quality of
life and community amenities.”
The PCDA stands ready to support businesses and
industries seeking the perfect site to relocate,
invest and expand. The goal is to give businesses a
convenient, one-stop resource for information.
To accomplish this goal, the PCDA works closely
with the West Virginia Development Office, Putnam
County Commission and many other regional
and state organizations. With an abundance of
information and knowledge, the PCDA leads
development in Putnam County. All assistance is
confidential and provided free of charge. Support
for prospective and existing businesses includes:
• Location and site selection data
• Regulatory and permitting coordination
• Financial assistance, including
coordination of direct loan programs,
indirect loan, industrial revenue
bonds, venture capital and tax credits
• Workforce recruiting and
training assistance programs
• Help understanding and applying
for available incentive programs
• Referral and coordination with
governmental entities, utilities
and service providers in tax, audit,
accounting, law, technology,
construction, engineering and
other professions as required