CEO Guide to Site Selection

Wyoming

CAPTURING NEW OPPORTUNITIES

Wyoming is avidly pursuing clean energy economy growth. An October 2024 study by the University of Wyoming found the state may find new opportunities in the net zero emissions economy. Blue hydrogen, an energy resource sourced from natural gas production, can be paired with carbon capture and storage. Wyoming is well positioned to be a key player in the industry as production runs on natural gas infrastructure that the state has.

“There is no doubt about it: This is a win for Wyoming and will strengthen the local economy…. This announcement is a testament to our business-friendly climate and our commitment to innovation and developing a resilient workforce. We’re grateful for Meta’s investment and partnership.”
Mark Gordon
Governor

TAXES

No corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

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 2020 and 2023

KEY INCENTIVES

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

Manufacturing Sales Tax Exemption: Offers a tax exemption on the sale or lease of machinery or sale of power or fuel used in the manufacturing process or processing of agricultural products.

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

Data Center Incentives: Offers cost reduction grants of up to $2.25 million to reimburse utility expenses for up to three years. Also offers sales tax exemption on data center equipment and exemption from Industrial Sitting.

Financial Technology and Medical Digital Innovation Sandboxes: The Wyoming Secretary of State and the Wyoming Banking Commissioner have the authority to waive specific statutes or rules to allow for the testing of innovative financial products or services. The Medical Digital Innovation Sandbox is under the Wyoming Department of Health.

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

The Wyoming Innovation Partnership uses federal funds to support economic growth and diversification and build a highly sophisticated workforce. The first phase launched in 2022 and aims to address workforce gaps across the state in energy, tourism, hospitality, healthcare and entrepreneurship. The WIP collaboration includes the University of Wyoming, eight community colleges and the Department of Education. A 2023 report found the partnership was demonstrating success in key areas.

BIG DEALS

  • UMC Innovation broke ground in November 2023 on a new facility in Cheyenne.
  • Meta announced in July 2024 an $800 million data center that will create more than 100 jobs in Cheyenne.
  • Steel tubing manufacturer Searing Industries cut the ribbon on its third expansion in Cheyenne.
  • TerraPower broke ground in June 2024 in Kemmerer on the country’s first next-gen nuclear power plant and the first new reactor to be built in the country in four decades.

BIG COMPANIES

  • Emit Technologies
  • ExxonMobil
  • Kennon Products
  • Maven Outdoor Equipment Company
  • Microsoft
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.