Microsoft plans to expand its data center operations in Wyoming. Microsoft opened a data center outside of Cheyenne last year…and this spring plans to grow it with a $274 million addition. Governor Matt Mead met the news with excitement. He says he’s made growing the Wyoming technology sector a priority and sees the expansion as a good sign.
The Wyoming Senate has voted 26 to 4 to approve a bill that will help recruit a company to Cody and establish a loan program to recruit other large businesses.
Roughly $25 million in state loans will be used to help the Lannett Company expand a lab in Cody, but in an effort to avoid violating a constitutional provision against benefiting a single entity, the Senate broadened the bill with a series of amendments.
This concerned Lander Republican Cale Case, who opposed the bill.
We've all heard stories about businesses that start in a garage or on the back of a cocktail napkin. But it takes a lot more than a great idea and some elbow grease to build a business from scratch. So a new Jackson program, called the Start-Up Institute, is running a business boot camp for entrepreneurs. Wyoming Public Radio's Rebecca Huntington has more.
REBECCA HUNTINGTON: This is what you might consider finals for sixteen students completing Jackson's first-ever Start-Up Institute.
Governor Matt Mead says Wyoming is seeing growth and success among businesses in the state.
During the governor’s business forum in Cheyenne he noted that Wyoming ranks high in a number of pro-business categories and that leads to growth in a variety of business sectors. He says it will only get better.
“We have a great future ahead of us,” Mead said. “And it is not because we do everything right every day, it is because a common commitment and love for Wyoming and a care for the citizens and families in Wyoming to do everything as well as possible.”
Nate Ver Burg, founder of Elevated Ideas, has an uncanny ability to see things differently. He uses this talent to instigate revolutionary change in business by forcing companies and industries to shatter their established mindsets. Nate’s prescient perspective is equally influential in both business and personal experiences. He lives and works in Jackson Hole.
Ruth Ann moved to Jackson, Wyoming to start her own business in 1988. Since then, she has owned two successful businesses and has become involved in Wyoming politics. Learn about her journey to Jackson and her desire to serve as a Wyoming Representative.
Once again, the annual Rodeo event Jubilee Days has come to Laramie and merchants hope it will bring a surge in tourism. Laramie Chamber of Commerce Vice President Josie Davies says that Jubilee Days brings a diversity of tourists to for the week’s events that includes a rodeo, a carnival, and downtown events. Those events do lead to some street closures. Davies says that while some are concerned, she says that all businesses benefit from Jubilee Days.
Many people hope that Wyoming’s uranium industry will become much more active, as interest in nuclear energy grows.
University of Wyoming Ag Economist Tex Taylor says there is a lot of potential for increased employment and tax revenue for the state. But Wyoming Senator Eli Bebout, who chairs the Senate Minerals, Business and Economic Development Committee, says new and smaller companies are often stymied by the state and federal permitting process and other regulatory hurdles.
Wyoming Secretary of State Max Maxfield is joining a nationwide effort to warn business owners about what is known as business identity theft.
Maxfield says thieves have been able to take on the identity of a business by taking over businesses that are either recently dissolved or about to be dissolved. He says thieves get the company reinstated and then change key information so that they have control of the business.
“Charging huge accounts to that business and basically causing financial ruins to the owners of the businesses.”