Snyder's Economic Transformation: 2021-2024
As we enter 2025, the Development Corporation of Snyder (DCOS) celebrates a remarkable three-year transformation of our local economy. Since 2022, our strategic initiatives have reshaped Snyder's business landscape, culminating in unprecedented growth and community prosperity.
Three Years of Economic Evolution
Our journey from 2022 to 2024 shows exceptional progress:
- Total capital investments grew to $6M through DCOS partnerships
- Systematic job creation strengthened our workforce year over year
- The Economic Improvement Initiative has revitalized 21 local businesses with $332,000 in property improvements
- Wage growth reached a significant milestone with a $3M increase in annual wages
2024: Peak Performance
Last year marked our strongest performance yet:
- Record-breaking $2.9M in new capital investments
- Addition of 62 new jobs & retained 83 jobs in our local economy
- 21 successful business improvement projects
- Strategic expansion with new enterprises like Plastic Welding & Fabrication, LTD.
Investment Impact
Our growth strategy has proven highly effective - every $1 invested by DCOS now generates an $8 return in community impact, a ratio that has steadily improved since 2022.
Future Growth: 2025 and Beyond
Building on our momentum, we're launching new initiatives which promise:
- Retention of 12 existing jobs
- Creation of 9 new positions
- $2M in capital investment over the next four years
As we move forward in 2025, DCOS remains dedicated to fostering economic vitality and creating opportunities for all. Together, we'll continue building a stronger, more prosperous Snyder.
Our Vision
From 2022 to now, Snyder has evolved into a premier destination for business growth. To our partners who've been part of this journey: thank you for growing with us. To prospective businesses: join us in our next chapter of expansion and innovation.
The Development Corporation of Snyder - Building Tomorrow's Future Today