“Wyoming’s economic development opportunities go beyond low tax climate. Our small population and rural nature allow us to leverage strong leadership, investment, and policy to act boldly to address critical infrastructure, venture capital, talent retention, and other business needs.”
— Josh Dorrell, CEO, Wyoming Business Council
Wyoming’s capital city, Cheyenne, has experienced significant growth in the data center industry. (Photo: Wyoming Business Council)
TARGETED GROWTH SECTORS
Controlled Environment Agriculture: Wyoming is an exceptional place for R&D because of its environment and shorter growing season. Plenty LLC has plans to build the largest indoor vertical farming R&D center in Laramie, home of the University of Wyoming.
Data Centers and IT: Meta will join Microsoft and the National Center for Atmospheric Research-Wyoming Supercomputing Center, among others, in southeast Wyoming’s booming data center expansion.
Advanced Manufacturing: Wyoming has seen a shift within the manufacturing sector, as the industry climbs the state’s GDP ranks. Businesses like Weatherby, TBC Manufacturing, Eagle Claw Fishing Tackle, Maven Optics, L&H Industrial, Kennon, and new large-scale projects like TerraPower’s first NatriumTM reactor demonstration project call Wyoming home.
TOP PROJECTS (JOBS)
COMPANY
LOCATION
JOBS
WE Soda Ltd.
Green River
300
Mesa Solutions
Evansville
261
Meta
Cheyenne
100
Austin Engineering
Mills
50
FEATURED LOCATIONS
Cheyenne LEADS, a 38-year-old nonprofit organization, holds a contract with the City of Cheyenne and Laramie County to provide economic development services. During those years, LEADS has developed multiple business parks and worked to bring companies such as Microsoft, Searing Industries, Lowe’s Distribution, and more than 70 other companies to the community.
FAST FACTS
Population (2024 est.): 586,485¹
Largest Cities (2024 est.): Cheyenne (65,141); Casper (58,523); Gillette (33,501); Laramie (32,395); Rock Springs (22,774)¹
Real GDP (2023): $40.2 billion²
¹U.S. Census Bureau ²Bureau of Economic Analysis, U.S. Dept. of Commerce
Cost reduction grants up to $2.25 million to reimburse utility expenses up to three years for data centers. Sales tax exemption on data center equipment, HVAC and UPS for qualified data centers. Data centers are also exempt from industrial siting when locating in an existing industrial or business park, shaving $500,000 and up to 18 months off new projects.
Eagle Materials’ $430M investment in its Laramie, WY facility will increase plant capacity by 50%, and is expected to result in cost savings of 25% and reduce CO2 intensity by nearly 20%.