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Alexander - Wyoming Business Report 2013
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Wyoming Business ReportEconomic 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)
Source: US Bureau of Economic AnalysisWyoming Center for Business & Economic Analysis
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)
?
!
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, IncAnnual Trends – March 2013Economic 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 Cancer Center
CRMC Emergency Room
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 BlvdOpening yet this year
Los Abuelos Resturant – Grier BldgNow 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 LincolnwayOpens early 2014
Tesla Electric Car Charging StationFrontier 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?)