One co-op helping another

A ribbon cutting ceremony was recently held for the official opening of the new Wabash Telephone Cooperative, Inc. headquarters in Louisville. The project was possible thanks to USDA Rural Economic Development Loan and Grant funds secured by Clay Electric Co-operative, Inc., Flora. The zero-percent loan was relent to Wabash Telephone.

Both Clay Electric and Wabash Telephone are located in an opportunity zone and serve rural poverty target strategy areas. National demand for broadband has created a need for more high-speed internet in rural areas.

Since 2015, Wabash has increased its customer base by 165 percent through natural growth and acquisition, deploying state-of-the-art fiber optic facilities to homes and businesses across its service area. Due to its new business opportunities, Wabash’s local consolidated employee base has increased from 52 employees to 127.