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Wyoming Resources Page
Inward Investment Guides

Wyoming Direct Financial Incentives 2014

Area Development Online Research Desk (Q1 2014)
Wyoming's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. More

Regional Report: Mountain States’ Economies Striving to Reach New Heights

Steve Stackhouse-Kaelble (Directory 2014)
The Mountain States are posting positive news on the jobs and business location and expansion front. More

Leading Locations for 2013: The Mountain Region MSAs

Area Development Magazine Special Presentation (July 2013)
A mixture of modern and emerging sectors — including aerospace, biotech, information technology, and financial services — has driven the economies of the Mountain States’ (Colorado, Idaho, Montana, Nevada, Utah, and Wyoming). More

Markets Matter in the Data Center Location Decision

Thomas Traugott, Senior Vice President, Cassidy Turley (Q2 / Spring 2013)
An understanding of the data center marketplace and its supply/demand dynamics will help both site selectors and their attractors move beyond the checklist and find the right fit. More

Regional Review: FDI Adds to Vitality of the Mountain States

Dan Calabrese (Location USA / April 2013)
The Mountain States’ economies were driven over the past 12 months by a mixture of modern and emerging sectors, including information technology, and old standbys like dairy. At the same time, foreign investment came from a variety of sources to add to the vitality of the region. More

Federal and State Legislative Moves to Boost Competitiveness & Business Climate

Jason Hickey, President, Hickey & Associates, LLC (Q1 / Winter 2013)
Understanding the competitive economic climate across the United States, Congress and state legislatures continue to propose new legislation to compete in today’s economic environment. More

How Corporate Taxes Impact the Business Climate

Area Development Online Research Desk (November 2012)
“Taxes are a fact of life,” the Tax Foundation states in a new background paper, but “not all tax systems are created equal.” With that in mind, the organization sets out every year to rank U.S. states in its “State Business Climate Tax Index.” More

Regional Review: Mountain States Successfully Meet Economic Challenges

Dan Calabrese (August 2012)
Over the past 12 months, the Mountain States' economies have been driven by a mixture of modern and emerging sectors - such as IT - and old standbys like dairy, which also opened the door for expansion - even as the region braced to learn the economic impact of devastating fires that occurred in June and July. More

WYOMING at a glance

POPULATION: 563,626 (2010 Census)

LABOR FORCE: 296,130 (June 2011)

RIGHT TO WORK: Yes

TRADITIONAL INDUSTRIES:Mining, tourism, agriculture

EXPANDING INDUSTRIES: Renewable energy, natural resources and mining, construction, wholesale trade, transportation, warehousing, utilities, data and information

COLLEGE GRADUATES: (Age 25 and over) 23.6%

BASIC BUSINESS TAXES:
Corporate Tax: No state income tax; no inventory tax; no franchise tax; no gross sales tax

Sales and Use Tax: 4 percent statewide retail sales tax; an additional 3 percent may be added on the local level.

Property Tax: Creates a tax system that provides a level system for all types of business. Based on a de-facto assessment classification, commercial and other real and personal property is assessed at 9.5 percent of market value; industrial plants assessed at 11.5 percent of current value. Mill levy rates vary among local jurisdictions but average 70 mills.

BUSINESS INCENTIVES:
Business Ready Communities Grant and Loan Program

Work force training grants

Wyoming Partnership Challenge Loan Program

Industrial Development Revenue Bonds

Sales tax exemption for data center equipment

Sales tax exemption on manufacturing exemption

Sales tax exemption on electricity used in manufacturing

Data Center Cost Reduction Grant Program

Principal Manufacturing industries

  • Fabricated Metal Products
    16.3%
  • Chemical Products
    15.9%
  • Petroleum & Coal Products
    10.5%
  • Food
    10.3%
  • Nonmetallic Mineral Products
    9.2%
  • Machinery
    5.5%
  • Wood Products
    5.2%
  • Plastics & Rubber Products
    4.9%
  • Transportation Equipment
    4.3%
  • Printing & Related Activities
    3.2%
  • Furniture and Related Products
    2.7%
  • Other Manufacturing Industries
    12.0%