Cody’s business had its ups and downs in 2019 but the prognosis for the future is very positive.
James Klessens, CEO of Forward Cody, presented a retrospective on the year for Cody’s business at the Cody Club meeting yesterday. The elephant in the room was the closure of Cody Labs, resulting in 135 lost jobs and $130 million in investment. Klessens acknowledges that this was a blow to the community, but the influx of interest from new businesses and industries has replaced his sorrow with a palpable buzz of excitement.
7 former employees of Cody Labs have stayed in Cody and founded BTCP – a pharmaceutical wholesaler specializing in rarer drugs not carried by most pharmacies. They’re already leasing space and looking to grow. Forward Cody has handled 9 company relocation requests in the past 2 months alone, from companies specializing in hemp processing, carbon fiber, and firearms.
Why Cody? Because of the availability of buildings and a readily available workforce, lots of opportunities for growth, and a friendlier and more cost-effective business climate.
Klessens is hopeful that a boom may be coming to Cody, and everyone has something to gain from these exciting prospects.
