(Sheridan, Wyo) On Friday, February 9, The Wyoming Business Council released their 2017 Benchmarks and Annual Report.
According to the Business Council, the report shows their efforts and those of their, “… Business Resource Network partners to recruit technology and manufacturing firms to the state, help existing Wyoming companies and startups expand, and meet other, measurable long-term targets for economic development, among other objectives.”
The annual benchmarks report offers a primer on how the Business Council is organized and funded. It also covers the wide range of programs and services offered by the agency.
“Last year was a productive year for economic development in Wyoming,” said Shawn Reese, chief executive officer of the Business Council. “Many partners – public and private, state and local – shaped 2017 to have lasting impacts to our businesses, our communities and our economy. Many of these activities and partnerships are highlighted in this report.”
Long term economic development requires active coordination of, and investment in, a variety of private and public sectors. A January 31 WyoFile article by asked, “Is Weatherby’s move proof?” The question is in reference to the recommendation by a legislative task force to invest $10 million annually in pathway systems for pedestrians and cyclists.
“The Wyoming Bicycle and Pedestrian Task Force’s report says that promoting active transportation benefits residents’ health, makes communities attractive and stimulates economic activity,” Thuermer Jr. writes. “One task force member pointed to the recent announcement by Weatherby Inc. to move gun-making operations from California to Sheridan as a return on that city’s planning for paths and sidewalks.”
The relocation of the corporate headquarters and manufacturing facilities of Weatherby Inc., to Sheridan was one of the Council’s major achievements in 2017. Reese explained that “Project Enterprise” was the result of long term planning.
“This is the culmination of many months’ worth of hard work by many parties,” he said. “But putting in place the economic development buildings blocks to make this project happen took years.”
Find the full report at http://wyomingbusiness.org/content/reports.