SLIB votes to reduce grant award for Laramie County at special meeting
The Wyoming State Loan and Investment Board (SLIB) voted this morning to reduce the amount of a previously approved Business Ready Community (BRC) grant for Laramie County. The SLIB voted 4-1 to modify Laramie County’s award amount to $8.3 million to acquire an existing building in the Cheyenne Business Parkway for the recruitment of firearms […]
Read MoreMagpul Moving Forward on Beginning Operations in Cheyenne
CHEYENNE – Magpul Industries, an ammunition-magazine and gun-accessory manufacturer, is backing away from a $13.9 million plan to construct a custom facility in favor of purchasing an extant building in Cheyenne. Magpul in February vicariously through Laramie County scored a $13 million large infrastructure grant and loan combination from the Wyoming Business Council as part […]
Read MoreCheyenne WY Home To Regions Fastest Growing Industrial Energy Park
The Swan Ranch Industrial Park, located 4 miles North of the Colorado border, has just hit another major milestone. The first unit train consisting of 133 crude cars came in on the Union Pacific Railroad for loading. The rail expansion project now connects two main line railroads – the Union Pacific Railroad and the Burlington […]
Read MoreCheyenne gets new Komatsu dealer
CHEYENNE – A Denver-based construction-equipment distributor that deals in Komatsu machinery will open its first location in Wyoming by Sept. 1. Power Motive Corp. has had the location in the works for some time, with Randy Bruns of Cheyenne LEADS saying at Wyoming Business Report’s 2014 Economic Forecast Lunch in November 2013 that the company […]
Read MoreWyoming ranked No. 2 for business
CHEYENNE – According to a study released Tuesday, Wyoming is the No. 2 most business-friendly state in the nation behind only Utah. The state ranked No. 5 in last year’s study by the independent economic research firm Pollina Corporate Real Estate, and the No. 2 ranking is the highest Wyoming has ever achieved. California, a […]
Read MoreGovernor Joins ACT to Announce Installation of New Fiber Optic Line
CHEYENNE, Wyo. – Governor Matt Mead and Sheridan-based Advanced Communications Technology (ACT) are pleased to announce ACT is installing a new fiber optics line from Casper to the Colorado border. Governor Mead continues to further the expansion of broadband services. He has worked with Department of Transportation (WYDOT) to help companies by opening the existing […]
Read MoreMicrosoft to Invest $274M, Add Cloud Infrastructure at Wyoming Data Center
CHEYENNE, Wyo. – Governor Matt Mead joined Microsoft for its announcement that it will expand its data center operations in Wyoming. Microsoft’s first Wyoming data center west of Cheyenne, opened in late 2013. Microsoft will invest $274 million in the new data center, bringing the total investment in the area to nearly $500 million. Microsoft […]
Read MoreWyoming Unemployment Rate Falls to 4.3% in January 2014
The Research & Planning section of the Wyoming Department of Workforce Services reported today that the state’s seasonally adjusted unemployment rate fell from 4.4% in December to 4.3% in January. Wyoming’s unemployment rate has been trending downward for the past four years, and remains significantly lower than the current U.S. unemployment rate of 6.6%. Seasonally […]
Read MoreWyoming Ranks in the Top 10 for Best Fiscal Health
By Gil Weinreich, ThinkAdvisor Editor-in-Chief Research Magazine Alaska, South Dakota, North Dakota, Nebraska and Wyoming rank highest in terms of fiscal solvency, but few will be surprised that New Jersey, Connecticut, Illinois, Massachusetts and California have a lot of work to do to shore up their finances. Those latter five states are often the subject […]
Read MoreCheyenne LEADS Hires Business Development Specialist
CHEYENNE, Wyoming (January 3, 2014) – Cheyenne LEADS, the Cheyenne-Laramie County Corporation for Economic Development, is pleased to announce the hiring of Mr. Derrek Jerred for the position of Business Development Specialist with Cheyenne LEADS. A native of Wyoming, Derrek comes to LEADS after graduating from the University of Wyoming where he received a degree […]
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