ABOUT EDCO Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders. Our mission is to create a diversified local economy and a strong base of middle-class jobs in Central Oregon. EDCO connects businesses to Central Oregon’s growing industry clusters, including advanced manufacturing, bioscience, outdoor products, technology, natural foods, and consumer goods. The organization links companies to a wide range of resources, such as local supply chain connections, talent acquisition, incentives, business finance, market intelligence, and more. EDCO also supports companies in navigating the regional and local real estate market, as well as infrastructure and permitting processes. 2024/25 FISCAL YEAR RESULTS EDCO Move projects for 2024/25 fiscal year resulted in four companies moving to the region, creating an anticipated 20 jobs and $8.4M in capital investment. EDCO Start projects for the 2024/25 fiscal year resulted in 18 companies achieving significant milestones with EDCO’s support, such as securing financing (equity or debt), obtaining a grant, hiring key talent, completing incorporation, or achieving another measurable advancement. These efforts resulted in the anticipated creation of 62 jobs and $36.8M in equity investment.
EDCO’s RESULTS
Jobs
Fiscal Year
Companies
Capital Investment
2024/25 2023/24 2022/23 TOTALS
32 29 36 97
262 295 175 732
$108M
$35M $53M
$196M
ADDITIONAL INFORMATION AVAILABLE AT EDCOINFO.COM • Upcoming networking events, luncheons, conferences, and more • Current comprehensive data for Central Oregon • Success stories from regional businesses • Business news on EDCO’s blog • Membership listings • Business support and relocation resources • Entrepreneurial and startup resources • Community and professional development resources RESOURCES • Carl Riccadonna, Oregon Office of Economic Analysis • Beacon Appraisal Group, Beacon Report and Market Overview • Compass Points Commercial and Industrial Market Report • Central Oregon Economic Indicators (OED) • Statewide Economic Data • Redmond Airport Flight Statistics • Deschutes County Permits • Crook County Permits • Jefferson County Permits
EDCO Grow projects for 2024/25 fiscal year
resulted in ten companies reaching milestones in growing their business, such as increasing staffing, scaling production, moving into a larger facility, or otherwise demonstrating measurable operational growth, adding an anticipated 180 jobs and $63.2M in capital investment.
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