Cherryvale Opportunity Zone
Cherryvale was platted by the railroad in 1871 and has a rich and unique history all of its own. Cherryvale is a vibrant community of just over 2200 people, rich in history, known for its quiet neighborhoods and is bustling in community pride. Cherryvale has targeted industries in injection molding and fiberglass manufacturing, as well as value added agriculture. Forte Products a premier manufacturer of affordable plastic fixtures is located in the Cherryvale Industrial Park.
Once a booming railroad tourism destination, the community prides itself on its continued support of railway development and transportation through the continued growth of Watco Railroad, one of the largest shortline rail companies in the United States. From the Cherryvale Industrial Park via rail, a company can import and export products from around the world at a dramatically reduced price than you might find in other communities due to this excellent partnership.
The Cherryvale Industrial Park is ripe for additional development and the city has established incentive plans for new businesses and is willing and able to help your business grow in Cherryvale. In addition, utility providers have invested in Cherryvale to ensure that there is plentiful and reliable electric, natural gas, water, and fiber internet available to both business and residential customers. A business can operate on this new fiber-optic broadband network on a global scale with the small town benefits of a low cost of living and high quality of life. The City will also partner with a new business to extend water and sewer utilities to the site, often as part of the incentive package.
There is also plentiful quality housing available in Cherryvale, and several large areas with utilities in place for future housing development. The City has also recently received a grant for a new playground that will support neighborhood development and growth.
Cherryvale is served by both Wilson County Medical and Labette Health who operate primary care offices there. Cherryvale is located on US 169 and just four miles south of US 400 with direct routes to Tulsa, Oklahoma, and Joplin, Missouri in less than an hour.
Montgomery County is home to two community colleges, giving any employer a competitive workforce development advantage over other locations. Coffeyville Community College and Independence Community College offer a wide variety of technical training that can be catered to a specific industry to help you meet the demand for a trained workforce. Both Independence and Coffeyville Community College are economic development partners for employers in Coffeyville. Employers in Coffeyville can take advantage of customized training opportunities for their new employees. Each College works diligently to support the educational growth of our labor force and works with local employers to establish innovative training programs that local employers need to improve the skills of their employees. The Cherryvale school district offers innovative apprenticeships for all high school seniors, generating a natural workforce pipeline for our area businesses.
Incentives
The City of Cherryvale is innovative and will work collaboratively to put together a package that makes sense for both the City and the business. Programs like Industrial Revenue Bonds, Kansas EDX tax rebates, Neighborhood revitalization, Community Improvement Districts, and entrepreneurship development loans are all programs that the City has utilized to help a business grow.
Cherryvale also has outstanding utility partners that will help support new growth in the system. Evergy and Kansas Gas Service are strong economic development partners and have innovative programs to help support new development in this region.
Montgomery County also offers incentives for new job creation. The County has a program that offers incentives based on the number of full-time employees or FTE expected to be created in Montgomery County, with additional bonuses offered for locally hired or employees that move to Montgomery County.