Wyoming Business Council

News
10:57 am
Wed July 9, 2014

Wyoming Energy Program Wins National Award

Credit Jeremy Buckingham via Flickr

A Wyoming program that incentivizes businesses’ use of green energy has won a national innovation award.

The Wyoming Renewable Energy Credit program was named the 2014 Economic Development Award Recipient by Business Facilities Magazine, a national publication on business expansion.

The initiative is a partnership between the Powder River Energy Corporation and the Wyoming Business Council. It offers a discount on energy costs for Wyoming businesses interested in using green power.

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News
9:54 am
Thu June 26, 2014

Grants Available For Wyoming Public Transportation Projects

Smaller Wyoming communities considering public transportation programs can get help from the Business Council starting in July.

While federal funds exist to support transportation programs, many towns and cities need help financing the pre-planning. Energy efficiency program manager Sherry Hughes says that there’s where these grants come in.

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Open Spaces
6:01 pm
Fri June 6, 2014

New Business Council CEO Is Optimistic

New CEO Shawn Reese.

Wyoming Business Council has hired Shawn Reese to take over as its CEO this month.  Reese replaces Bob Jensen who stepped down in March.  Reese worked for the business council for many years and recently has worked for Governor Matt Mead.  He tells Bob Beck that the state is making headway on diversifying the economy.

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News
5:46 pm
Fri February 28, 2014

Wyoming Business Council CEO Bob Jensen Steps Down

Wyoming Business Council CEO Bob Jensen is resigning.  Jensen has led the Business Council for over a decade and oversaw projects like the expansion of the rail industry in Evanston, expansion of data centers in the state, and growth of the manufacturing sector in Gillette. Governor Matt Mead has thanked Jensen for his service. Jensen will step down at the end of March to spend more time with his wife, who has multiple sclerosis.

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News
6:41 pm
Thu January 23, 2014

Business Council Approves Money For Magpul

The Wyoming Business Council Board of Directors has unanimously approved $13 million in state grants and loans to help one of the country's largest producers of ammunition magazines for guns relocate to the state.
 
     Erie, Colo.-based Magpul Industries is planning to move its production, distribution and shipping operations to Cheyenne. The company vowed to leave Colorado after that state enacted gun control laws last year.
 

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News
7:24 am
Mon January 13, 2014

Wyoming initiative helps small businesses get federal grants

Last year, 13 companies received grants from a Wyoming initiative which they then used to apply for larger, federal grants. The Wyoming Small Business Innovation Research and Technology Transfer Program was established to help small businesses in the state get more federal grants that could be beneficial to their businesses. Each award is for up to $5,000 and can be used for any purpose that would improve a federal grant proposal.

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Data Centers
4:17 pm
Wed October 23, 2013

Wyoming is a national leader in data center recruitment

Wyoming is aggressively working to attract data centers to the state.  The industry magazine Expansion Solutions recently recognized the Cowboy State’s efforts to accommodate companies looking to build or expand their computing operations.

Wyoming Business Council CEO Bob Jensen says his organization targets trade shows, real estate directors and data management industry publications to promote Wyoming’s offerings, including a cool climate, cheap power, and lots of space to build.

Jensen says Wyoming has a lot of competition to attract these businesses.

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News
6:42 pm
Mon August 19, 2013

Wyoming exports up

Wyoming exported more goods to foreign markets in 2012 than in 2011.

Total revenue went from 1-point-2 billion dollars to 1-point-4 billion dollars. The largest market is Canada, followed by Australia and Brazil. Machinery and raw commodities like coal, and oil and gas are the top exports.

C-E-O of the Wyoming Business Council, Bob Jensen, says there are several factors that contributed to the growth.

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News
3:56 pm
Fri June 14, 2013

Forage Field Day meant to help new hay growers

After a harrowing drought and a wet spring, Wyoming’s hay inventory is down and prices are holding steady.

Still, the forage market is a fickle industry, says Wyoming Business Council Crop and Forage Program Manager Donn Randall. He says hay values are not standardized the way other commodities are.

“It’s so subjective to the buyer’s preference,” Randall says. “Horse people, they want it green and leafy, and you know, dairy people, they have to have relatively high feed values.”

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News
6:26 pm
Thu April 11, 2013

SLIB funds economic development projects

The State Loan and Investment Board or SLIB approved over eight million dollars in Business Ready grants.  

Among the highlights, SLIB approved funding for a major road project in Sweetwater County to benefit Uranium production and the board also agreed to a managed data center cost reduction grant for Green House Data in Cheyenne. 

It will give the company the opportunity to expand by providing it a two-point-25 million dollar utility break.  Shawn Mills of Green House Data says the action will help his company and the state’s economy.   

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News
3:21 pm
Wed February 13, 2013

Study says WY has opportunities to add value to energy resources

A new report, released by several stakeholders including the Wyoming Business Council, the University of Wyoming, and the Idaho National Laboratory, says there’s potential to add value to the state’s abundant energy resources. Ideas to generate value include a carbon-conversion industry to produce synthetic transportation fuels, and diversifying power generation in the state to include more wind and nuclear energy.

Wyoming Business Council CEO Bob Jensen says the report looks at both the near and distant future.

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News
5:08 pm
Thu January 17, 2013

$10 million in business ready grants gets final go-ahead

Laramie will receive nearly $5.5 million to build a technology park in the city. The grant is one of five the Wyoming Business Council recommended to the State Loan and Investment Board, or SLIB, and today SLIB approved it. In total, SLIB approved almost $10 million for projects around the state.

Laramie Economic Development Corporation’s Board Chair, Megan Goetz, says now the pressure is on to make the project a reality.

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News
11:49 am
Mon September 24, 2012

Farmers Markets Contribute Big Money To Wyoming's Economy

The Wyoming Business Council found that farmers markets contributed more than a million dollars to Wyoming’s economy last year.

The Business Council’s Cindy Garretson-Weibel says that includes direct sales from the markets, plus additional money people spend in communities when attending farmers markets.

She says farmers markets give producers marketing opportunities, and that meeting consumers face-to-face can be good for business.

News
4:14 pm
Mon April 9, 2012

Microsoft will build a data center in Cheyenne

Governor Matt Mead’s efforts to land a Data Center for the state has paid off. Microsoft is going to build a 112 million dollar facility near Cheyenne that could employ up to 40 people. 

To attract Microsoft, Governor Mead says the state offered nearly 11 million dollars in incentives, but he believes that the state should get a great return on its investment and he says it will provide high paying jobs.  Mead has been touting the need for Data Centers and he says this is an important start. 

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News
6:15 pm
Thu January 26, 2012

Business Council Examines Internet Access In Wyoming

The Wyoming Business Council is conducting a survey to determine what parts of the state have inadequate Internet access.

Leah Bruscino is the Council’s northwest regional director. She says some rural areas have nothing but dial-up, and it’s hard to run a business that way.

“Mountain lodges that cater to, say, snowmobilers or summer trade – you know, obviously being tourism businesses, they’d like to have rich, vibrant sites and be able to send clients nice, rich information.,” says Bruscino. “That’s a challenge.”

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