Duncan Area Economic Development Foundation
Contact: Lyle Roggow
8100 North Highway 81
Duncan, OK 73533
Phone: 580-255-9675
www.ok-duncan.com

History

In 1993, the citizens and businesses of Duncan created the Duncan Area Economic Development Foundation (DAEDF) to promote the development of existing businesses, attract new businesses, and diversify Duncan’s economic base. DAEDF has been good stewards of their responsibility for over 20 years. With a staff, less than half the size of most comparable economic development foundations and operating on a smaller budget, DAEDF has become a model that others are trying to emulate.

By simultaneously building up the local infrastructure (supporting expansions in construction, schools, hospitals, museums, and civic facilities), establishing relationships throughout the community and state, and ensuring that there is a well-trained and vital workforce, DAEDF created an attractive business climate. DAEDF has been able to attract businesses that provide competitive wages and make capital investments in the community, which means they are more likely to remain in the area as long-term employers.

When DAEDF began its work in 1993, Duncan was still recovering from the damaged petroleum industry. With a 10.6% unemployment rate, a single industrial park with limited land use, and highways and streets in need of improvements, Duncan did not look like a city poised for economic growth. However, with the right people and the right plan, DAEDF became the instrument that would turn things around for the community.

Today, unemployment is at 5.7%, our business base continues to diversify, and Duncan now boasts of two bustling industrial parks that continue to develop and expand.

Duncan Area Economy

• Energy:  Oil & Natural Gas, Machinery, Manufacturing, Fabrication Assembly, Engineering Services
• Transportation:  Highway, Rail, Pipeline Transportation 
• Aerospace and Defense:  Parts and Components Manufacturing, Unmanned Aerial Systems, Military Related R&D, Maintenance Repair & Overhaul (MRO)
• Information and Financial Services:  Banking, Call Center, Computer Systems
• Agriculture:  Research and Development, Food Manufacturing, Commodity Production and Distribution, Fertilizer Manufacturing 

The Duncan Area target industry is manufacturing, which utilizes our highly skilled workforce of machinist, welders, engineers, etc.  Our workforce is known for their excellence in safety & quality production, adaptability, and continual learning environment to compete in an international arena.  Because of this workforce culture, the Duncan Area is ready for business in any industry.