Cheyenne, Wyo. – Laramie County soon will be home to a wind tower manufacturing plant that should employ 150 people.
Governor Matt Mead announced Tuesday morning that Gestamp Renewables and Worthington Industries will be involved in a joint venture at the new Swan Ranch economic development site south of Cheyenne.
Worthington Global Group President Ralph Roberts says Wyoming's commitment to the wind industry and Cheyenne's location near two interstates were key reasons for the decision to locate the facility in the state. But he says there were other factors as well. "We not only believe in wind, but we believe in public-private partnerships," he says. "An example is the critical manufacturing sales tax exemption the state is affording us in this venture. And we are pleased with the attitude to make this a win for our venture and a win for the state."
Wyoming Business Council CEO Bob Jensen says the announcement shows that the state is developing the right business climate. Construction of the new facility is slated to begin this spring.