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WYOMING: Most Business-Friendly

WYOMING: Most Business-Friendly Tax Climate

With the nation’s “Most Business-Friendly Tax Climate” five years running plus outstanding transportation options, top-ranked broadband connectivity, well-funded public education, safe neighborhoods, and abundant outdoor space and recreation opportunities, Wyoming businesses and people thrive. They welcome you to explore what Wyoming can offer you and your business ...................................................................................

The tectonic forces that created Wyoming’s complex Rocky Mountain terrain preserved rich fossil beds from multiple geologic areas, making the state a major producer of coal, natural gas and crude oil. In fact, Wyoming has the smallest population in the U.S. but supplies more energy than any other state. Wyoming’s unique geological features also produce some of the best wind resources in the nation. Wyoming also straddles the Continental Divide, providing the headwaters for four major river basins in the western U.S.: the Missouri-Mississippi, Green-Colorado, SnakeColumbia and Great Salt Lake . WYOMING:CHEYENNE – WHERE BUSINESS THRIVES ...................................................................................

At the northern end of the Rocky Mountain Front Range Urban Corridor, Cheyenne benefits from its position as the capital of Wyoming as well as its proximity to the Front Range cities of Colorado with their dense populations, diverse employment and educational infrastructure. At the

same time, Cheyenne enjoys a favorable tax and regulatory climate, low cost-of-doing business, and world-class communications.

Cheyenne is also the home to FE Warren Air Force Base. Warren Air Force Base is a terrific source of an educated and disciplined workforce made up of current and retired military enlisted and officers. Wyoming is a right-to-work state with employer-friendly labor rates and laws.

Cheyenne has invested wisely and generously in quality of life initiatives. Without the major urban reconstruction and remediation costs of larger cities, Cheyenne is able to focus its resources on improvements for the future: a $1.46 million expansion to the Greater Cheyenne Greenway, expanded parks, downtown historic districts, and new schools and community college facilities.

Cheyenne is a location of choice partly because of where it is – near the geographical and time center of the North American continent. Cheyenne manages a transportation triple play with the intersection of Interstates 80 and 25, two major railroads and Denver International Airport (DIA) 90 minutes away.

For more information, call Cheyenne LEADS at 800-2550742 or visit www.cheyenneleads.org .

WYOMING:LARAMIE, THE HUB ZONE ...................................................................................

Laramie WY is home to prime HUB (opportunity) zones for businesses who are looking to relocate. Brad Enzi, the CEO & President of the Laramie Chamber Business Alliance (LCBA) remarked, “As a community we identified three areas that we had core competence in and that were starting to grow. Businesses in Unmanned Aerial Vehicle (UAV), boutique manufacturing, and data technology became our focus.”

In 2015 HiViZ Shooting systems, a company that manufactures gun sights through metal injection molding, relocated to Laramie from Colorado and have continued to expand their operation. Global company, Underwriter Laboratories, Inc has expanded their Wyoming operations at the Cirrus Sky Technology Park.

Laramie has been attracting several UAV companies with the LCBA’s and the Laramie Regional Airport’s work on testing space, low air traffic, the University of Wyoming’s top Aerospace and Mechanical Engineering school, and state and local incentives.

The LCBA’s economic development team has worked hard to provide the framework for companies to relocate and expand.

“As an Economic Development agency, we work with our existing employers to create opportunities and attract businesses that can grow synergistically with them. Because the University of Wyoming is our largest employer, we work to find areas that complement their research and development.”

Along with community support, innovative healthcare, quality K-12 public schools, a low cost of living, highly educated workforce, the many state and local tax incentives are a huge draw for businesses that are relocating. • Wyoming imposes no: • ocorporate or personal income tax or no state estate or inheritance tax • Business Inventory Tax • sales tax on energy consumed in the process of manufacturing • sales tax on the purchase of equipment that will be used in the manufacturing process • There are also sales tax exemptions for certain equipment purchased for data centers • Wyoming property taxes are some of the lowest in the USA.

“By working with existing businesses in each sector we have identified both barriers and opportunities for growth and have made action plans to address each,” added Enzi. X .......................................................................................................... By Melissa Ross, Marketing & Membership Director of the Laramie Chamber Business Alliance

CHEYENNE, WYOMING YOUR BUSINESS’S NEXT FRONTIER

TERABYTE CAPACITY NO INVENTORY TAX NO CORPORATE INCOME TAX NO PERSONAL INCOME TAX SHOVEL READY INDUSTRIAL SITES

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