CEO Guide to Site Selection

Wyoming

INNOVATION, NOT REGULATION

Wyoming is finding new ways to drive economic growth and to address carbon emissions. The state’s approach of looking to “innovation, not regulation” is creating new opportunities in carbon capture and adopting its resources for a decarbonized economy. An “all-of-the-above” energystrategy means simultaneously championing extraction industries while dedicating time, energy and resources to new sources like nuclear, hydrogen, carbon capture and wind power.

“Wyoming has it all: the best wind, solar, gas, coal, nuclear and the ability to store 50 years’ worth of our nation's total carbon emissions….Innovation, not regulation, is our way forward to give our nation the energy it requires and simultaneously solve the world’s climate concerns.”
Mark Gordon
Governor

TAXES

No corporate income tax

# 0

on the Tax Foundation’s State Business Tax Climate Index ranking

EDUCATION

0 %

of adults 25 years of age and older have graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

Yes

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2010 and 2020

KEY INCENTIVES

No corporate or personal state income tax. No inventory, franchise, occupation or value-added taxes.

Workforce Development Training Fund: Offers grants up to $4,000 per trainee per fiscal year to upgrade skills, train for new positions, or provide industry-specific training programs.

Data Center Incentives: Offers cost reduction grants of up to $2.25 million to reimburse utility expenses for up to three years. Data centers are also exempt from Industrial Siting permit, which can shave $500,000 and 18 months off new projects.

Business Ready Community Infrastructure Program: Offers financing of up to $3 million in grants or low-interest loans for publicly owned infrastructure that serves the needs of business and promotes economic development.

Financial Technology Sandbox: Give the Wyoming Secretary of State and the Wyoming Banking Commis- sioner the authority to waive specific statutesor rules to allow for the testing of innovative financial products or services.

EDCs

Wyoming Business Council

wyomingbusiness.org

Cheyenne LEADS

cheyenneleads.org

Greater Cheyenne Chamber of Commerce

cheyennechamber.org/economic-development

Advance Casper

advancecasper.com

HIGHLIGHTED PROGRAM OR INITIATIVE

Legislation passed in 2022 authorizes the Wyoming Business Council to issue revenue bonds for agricultural processing projects and to partner with private lenders to provide business succession loans of up to $500,000. The state also offers matching funds for federal Small Business Innovation Research (SBIR) Phases 1 and 2 awards. To date, the $3.5 million in awards have lever- aged $11.5 million in federal R&D funding.

BIG DEALS

  • TerraPower announced in November 2021 it will build a Natrium nuclear reactor demonstration project in Kemmerer.
  • Eagle Claw Fishing Tackle announced in December 2021 a new manufacturing plant and 150 jobs in Cheyenne.
  • Kel-Tec CNC Industries announced in July 2022 an ex- pansion of its manufacturing operations in Rock Springs.
  • CarbonCapture and Frontier Carbon Solutions an- nounced in September 2022 Project Bison. By 2030, the project is expected to capture 5M metric tons of CO2 per year.
  • Outdoor equipment manufacturer Kifaru completed in August 2022 a move from Colorado to Riverton. It plans to add another 200 jobs.
  • Aspen Mountain Hyperscale White Box is constructing a data center near Evanston that will be completed in 2023.

BIG COMPANIES

  • Kennon Products
  • Microsoft
  • ExxonMobil
  • Emit Technologies
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.