The Waco Industrial Foundation (WIF) is a local 501c6 non-profit with a mission to develop land for economic development purposes. The Foundation holds a portfolio of land that is sold at or below the market rate to industries that will generate job growth and capital investment.
Waco Industrial Foundation (WIF), a driving force in economic development in Greater Waco for more than 70 years, was established in 1952 when the post-World War II era was driving industry to the south. Greater Waco needed a vehicle for having sites available and financing ready for companies wanting to build.
Community leaders, with support from the Chamber, formed the foundation and began its task of acquiring land that became the Texas Central Industrial Park. The foundation is directed by a 50-member volunteer board representing more than 40 local businesses under the management of the Greater Waco Chamber.
WIF’s assets include more than 1,200 acres with a book value of $25 million and a market value of more than $45 million. Available properties are located in Texas Central Park, Robinson Business Park and the Waco International Aviation Park.
WIF has continued to serve its goal of promoting development by providing land and land incentives to numerous companies, making the process for them to purchase land more efficient.
For more information about the industrial parks, please call (254) 757-5635.