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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
- 6. ?
- 13. But -- “Hello Cheyenne, we have a problem…”
- 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?)