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Wyoming Business Report
Economic Forecast 2014
7 November 2013

• Overview
• Laramie County Data
(graphs – because the others used ‘em)

• Sampling of Local Projects
(photos – because they are more
interesting)
Cheyenne MSA (Laramie County) continues to
do well overall
•
•
•
•
•

Real GDP rose 2.42% in 2012!
First 2 Quarters of 2013 Above Average Job Growth
(2080 new jobs created since 2nd Q 2011)
2013 Q2 Retail Sales up 9%
2013 Q2 Unemployment Rate down to 4.8%
2013 Q2 Home Sales Up Sharply (but lower than
2012 Q2)

Source: US Bureau of Economic Analysis
Wyoming Center for Business & Economic Analysis
?
But -- “Hello Cheyenne, we have a problem…”
We have to begin to have honest
discussions about our community and
“quality of life” issues as seen, not by us,
but by the workforce we want to attract
and retain.
Graphs and Data from :

Wyoming Center for Business & Economic Analysis, Inc
Annual Trends – March 2013
Economic Indicators – September 2013

http://wyomingeconomicdata.com/
Now for more Photos



A Sampling of Current or Recent Projects:
CLF&P Cheyenne Prairie Generating Station

•
•
•
•

Currently Under Construction
Operational Oct 2014
Projected Cost $222 Million
Power Output at Completion
132 MW (CLF&P 37 MW)
Green House Data – Data Center Addition
• 35,000 Sq Ft – 5 MW
• In Cheyenne Business
Parkway
• 25 New Jobs
• 1st Phase by Q2 2014
• Total Investment $100 M
Microsoft Data Plant (FuelCell Demo Project)
• Biogas from Wastewater
Reclamation to power small
DataPack
• Construction Started
• Baseline Testing January 2014
• Testing Integration of Existing
Technologies into New Applications
Microsoft Datacenter Complex - NRBP
•
•
•
•

Construction started June 2012
1st Center Operational Dec 2013
2nd Phase Operational Jan 2014
$200 Million Infrastructure &
Buildings
• 27 Employees initially
Searing Steel Tubing Mill – Swan Rail Park
•
•
•
•

Construction started Fall 2012
Operational Dec 2013
212,000 Sq Ft
45 Employees initially
Cronimet – Swan Rail Park
•
•
•
•
•

Construction started Mar 2013
Operational Oct 2013
150,000 Sq Ft facility
12 Employees initially
Gathering & Shipping Facility for
Stainless Steel and Chrome
Bridger – Swan Rail Park
• Crude Oil Transfer Facility
• 35 - 40 Jobs
• Operational now utilizing
Pipeline and Truck transport
• Next Expansion as UP Rail is
extended to facility
Swan Ranch Industrial Park – Other Projects

•
•
•
•

4 Additional Oilfield Servicing Companies
Krown, Inc. – specialized chemicals
Blue Beacon Truck Wash
Plus 4 properties under contract that, if they all
go forward, will equal an additional 200 jobs
Other Projects – Campstool Business Development
Volvo Trucks – Campstool Business Park

Power Motive – Campstool Business Park
Other Projects – Campstool Business Development

•
•
•
•

Old Dominion Freight
Honnen Equipment – John Deere Construction Equipment
Wilson Supply
Wyoming Machinery – Caterpillar
Niobrara Industrial Park – Other Projects

•
•
•
•

Bobcat of the Rockies - opened in Aug – 1-5 new jobs
Road Runner – opening Nov – 10-15 new jobs
Green Lawn Care – 0pening Spring – 1-5 new jobs
Engineering, Procurement & Construction – opening
2015 – 50 new jobs!
• Cheyenne Beverage – opening 2014
• Fat Boys Tire – opening TBD
Other Projects In the Community…
CRMC Emergency Room

CRMC Cancer Center
Other Projects…
Hilton Garden Inn – Downtown! (17th & Pioneer)

• Construction Start - Spring 2014
• Completion projected – Spring 2015
• Requires Grant Approval by WBC, SLIB & City Council
Other Projects…
New Jimmy Johns – Pershing Blvd
Opening yet this year

Los Abuelos Resturant – Grier Bldg
Now open

Comfort Inn – Fox Farm Rd.
Opening early 2014
Other Projects…
4 New Office Bldgs – New Bedford
First bldg complete 2013

Marriot TownPlace Suites –
West Lincolnway
Opens early 2014

Tesla Electric Car Charging Station
Frontier Mall - 2014
Other Projects…
Primrose Retirement Village - The Point (Powderhouse & 4 Mile)

Sundance Apartments – Walterscheid
Other Projects…
Sportsman’s Warehouse – Cheyenne Plaza

Family Dollar Store – South Greeley Highway
Other Projects…
E2 Optics (Datacenter Cabling)

New Wal-Mart – I-80 & College Drive
Summary
• The Numbers look pretty darn good

• There is a LOT going on
• We still have some issues to deal with (as
will always be the case)
• Good job gang! (now shouldn’t you all get
back to work?)
Bruns - Wyoming Business Report 2013

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Bruns - Wyoming Business Report 2013

  • 1. Wyoming Business Report Economic Forecast 2014 7 November 2013 • Overview • Laramie County Data (graphs – because the others used ‘em) • Sampling of Local Projects (photos – because they are more interesting)
  • 2. Cheyenne MSA (Laramie County) continues to do well overall • • • • • Real GDP rose 2.42% in 2012! First 2 Quarters of 2013 Above Average Job Growth (2080 new jobs created since 2nd Q 2011) 2013 Q2 Retail Sales up 9% 2013 Q2 Unemployment Rate down to 4.8% 2013 Q2 Home Sales Up Sharply (but lower than 2012 Q2) Source: US Bureau of Economic Analysis Wyoming Center for Business & Economic Analysis
  • 3.
  • 4.
  • 5.
  • 6. ?
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. But -- “Hello Cheyenne, we have a problem…”
  • 14.
  • 15. We have to begin to have honest discussions about our community and “quality of life” issues as seen, not by us, but by the workforce we want to attract and retain.
  • 16. Graphs and Data from : Wyoming Center for Business & Economic Analysis, Inc Annual Trends – March 2013 Economic Indicators – September 2013 http://wyomingeconomicdata.com/
  • 17. Now for more Photos  A Sampling of Current or Recent Projects:
  • 18. CLF&P Cheyenne Prairie Generating Station • • • • Currently Under Construction Operational Oct 2014 Projected Cost $222 Million Power Output at Completion 132 MW (CLF&P 37 MW)
  • 19. Green House Data – Data Center Addition • 35,000 Sq Ft – 5 MW • In Cheyenne Business Parkway • 25 New Jobs • 1st Phase by Q2 2014 • Total Investment $100 M
  • 20. Microsoft Data Plant (FuelCell Demo Project) • Biogas from Wastewater Reclamation to power small DataPack • Construction Started • Baseline Testing January 2014 • Testing Integration of Existing Technologies into New Applications
  • 21. Microsoft Datacenter Complex - NRBP • • • • Construction started June 2012 1st Center Operational Dec 2013 2nd Phase Operational Jan 2014 $200 Million Infrastructure & Buildings • 27 Employees initially
  • 22. Searing Steel Tubing Mill – Swan Rail Park • • • • Construction started Fall 2012 Operational Dec 2013 212,000 Sq Ft 45 Employees initially
  • 23. Cronimet – Swan Rail Park • • • • • Construction started Mar 2013 Operational Oct 2013 150,000 Sq Ft facility 12 Employees initially Gathering & Shipping Facility for Stainless Steel and Chrome
  • 24. Bridger – Swan Rail Park • Crude Oil Transfer Facility • 35 - 40 Jobs • Operational now utilizing Pipeline and Truck transport • Next Expansion as UP Rail is extended to facility
  • 25. Swan Ranch Industrial Park – Other Projects • • • • 4 Additional Oilfield Servicing Companies Krown, Inc. – specialized chemicals Blue Beacon Truck Wash Plus 4 properties under contract that, if they all go forward, will equal an additional 200 jobs
  • 26. Other Projects – Campstool Business Development Volvo Trucks – Campstool Business Park Power Motive – Campstool Business Park
  • 27. Other Projects – Campstool Business Development • • • • Old Dominion Freight Honnen Equipment – John Deere Construction Equipment Wilson Supply Wyoming Machinery – Caterpillar
  • 28. Niobrara Industrial Park – Other Projects • • • • Bobcat of the Rockies - opened in Aug – 1-5 new jobs Road Runner – opening Nov – 10-15 new jobs Green Lawn Care – 0pening Spring – 1-5 new jobs Engineering, Procurement & Construction – opening 2015 – 50 new jobs! • Cheyenne Beverage – opening 2014 • Fat Boys Tire – opening TBD
  • 29. Other Projects In the Community… CRMC Emergency Room CRMC Cancer Center
  • 30. Other Projects… Hilton Garden Inn – Downtown! (17th & Pioneer) • Construction Start - Spring 2014 • Completion projected – Spring 2015 • Requires Grant Approval by WBC, SLIB & City Council
  • 31. Other Projects… New Jimmy Johns – Pershing Blvd Opening yet this year Los Abuelos Resturant – Grier Bldg Now open Comfort Inn – Fox Farm Rd. Opening early 2014
  • 32. Other Projects… 4 New Office Bldgs – New Bedford First bldg complete 2013 Marriot TownPlace Suites – West Lincolnway Opens early 2014 Tesla Electric Car Charging Station Frontier Mall - 2014
  • 33. Other Projects… Primrose Retirement Village - The Point (Powderhouse & 4 Mile) Sundance Apartments – Walterscheid
  • 34. Other Projects… Sportsman’s Warehouse – Cheyenne Plaza Family Dollar Store – South Greeley Highway
  • 35. Other Projects… E2 Optics (Datacenter Cabling) New Wal-Mart – I-80 & College Drive
  • 36. Summary • The Numbers look pretty darn good • There is a LOT going on • We still have some issues to deal with (as will always be the case) • Good job gang! (now shouldn’t you all get back to work?)