Recent News

The birth of the aerospace industry dates back to 1903, when the Wright Brothers achieved the first powered and controlled airplane flight. Today, America’s aerospace sector is the largest on the planet, supplying products and services to civilian and military customers throughout the world. It directly employs over 500,000 workers...Continue Reading

One of the unanticipated outcomes of the COVID-19 pandemic is the reconfiguration of global manufacturing and supply chains. While you might expect manufacturers to be attracted to traditional “industry clusters” where talent and suppliers will come together in a certain market or geography — think of the close ties betwee...Continue Reading

Products coming out of U.S. centers of innovation are ramping up the economies of cities/regions across the country, shortening critical supply lines, and, in the case of some newly announced projects, helping ensure national security. Some of the breakthroughs will eventually find their way into space missions. These hubs of innovatio...Continue Reading

Amid increasing recession concerns and mounting pressure from key stakeholders to mitigate supply chain disruption risks, industrial products (IP) sector leaders continue to grapple with workforce issues, leaving social commitments like DEI initiatives to fall to the back burner. These initiatives involve strategies to attract and retain a diverse workforce...Continue Reading

If you’re considering taking the leap from employment to self-employment, you’ll feel a mix of excitement and uncertainly. Starting a new business from scratch is a scary prospect for many, holding various unknowns. A better way is to make a plan based on your current situation. Start where you ar...Continue Reading

In 2021, Wyoming companies exported more than $1.4 billion in goods to the world. Of the companies that export, 97.5 percent are small businesses.   Are you a small business that manufactures vehicle components, parts for vacuum pumps, or hand tools? Do you offer unique Wyoming-made art, food products, or spirits? I...Continue Reading

Are you a small business that manufactures vehicle components, parts for vacuum pumps, or hand tools? Do you offer unique Wyoming-made art, food products, or spirits? If so, the world is waiting for your product and Wyoming has a team ready to help your company expand into international markets. The Wyomin...Continue Reading

This year is shaping up to be the most normal in a while for the oil and gas industry. But with normalcy still a long way off, the Wyoming operators who have scrambled to keep pace with market volatility since the start of the pandemic aren’t sure what, exactly, 202...Continue Reading

A $5 million expansion of the Hub on Smith is still a possibility, although state officials tabled a request for partial funding for the project early this month. On Dec. 15, the State Loan and Investment Board finished allocating over $80 million in federal COVID-19 Health and Human Services American Rescu...Continue Reading

The Sheridan Memorial Hospital Board of Trustees gathered for their monthly meeting to discuss patient experience, funding granted by the State Loan and Investment Board and recent successes in bolstering staffing. Hospital CEO Mike McCafferty spoke of his own experience as a patient of the hospital and how it reflected upo...Continue Reading

Judging from my Twitter feed, 2022 was a very noisy year for tech. We followed the Elon Musk drama, marvalled at the creations of generative AI, watched crypto markets tank and FTX implode, and (some of us at least) gazed deeply into the metaverse—and yawned. Things could get more serious i...Continue Reading

Laying the foundation for a powerful leadership team starts with a business assessment and a self-assessment. What does the business need to achieve, and how can our leadership teams get us there? I tend to look at things globally, but while I can see things in a micro way to determin...Continue Reading

Lander, the state’s 13th-largest town with 7,500 residents, sits in a river valley in close proximity to an assortment of craggy features – limestone cliffs, pocked boulders, overhanging walls and alpine spires among them. Each year, thousands of climbers spill into Lander explicitly to climb those rocks, pumping $4.5 million i...Continue Reading

The U.S. Department of Agriculture (USDA) announced an investment of $9.5 million to support the scale-up of sustainable bioproduct manufacturing in the United States. Three successful projects are funded through USDA’s National Institute of Food and Agriculture’s (NIFA) Bioproduct Pilot Program, which funds research and development of value-added products from agricultura...Continue Reading

The ability to attract and retain quality talent is typically the key determinant behind a company’s current and future success. While the COVID-19 pandemic hasn’t changed this, it has shifted the overall talent landscape, forcing employers to evaluate new talent geographies in different ways. This piece explores the various talent-relate...Continue Reading

The University of Wyoming School of Energy Resources (SER), together with the Wyoming Business Council (WBC) and the Wyoming Energy Authority (WEA), has released a Request for Expression of Interest (RFEOI) to solicit input from key stakeholders on Direct Air Capture activities and initiatives in Wyoming.    The U.S. Department of Energy’...Continue Reading

Entrepreneurs and small businesses create the newest products and innovations that strengthen the U.S. economy. This holiday season, Powder River Energy Corporation (PRECorp) wishes to celebrate the importance of these local business leaders throughout northeastern Wyoming. Entrepreneurs turn their bright ideas into small businesses, which made up 99.9 percent of U.S...Continue Reading

Since this summer’s passage of federal legislation aimed at boosting domestic semiconductor manufacturing, several chipmakers have announced plans to build new fabrication facilities in the United States. Fortunately for the country, the CHIPS and Science Act won’t just be a game-changer for the semiconductor industry. Encouraging the manufacturing of microchips a...Continue Reading

In today’s quick moving market, companies need to start running multiple lanes of site selection work when searching for their next production facility. Some of the most frequent reasons we see companies looking for new facilities involve the need to update older inefficient operations, achieve transportation savings, increase market share...Continue Reading

Apair of studies shows the U.S. at the top of the rankings for foreign direct investment (FDI) behind a surge of Asian and European investment in technology, chemicals, information and communication, and financial services. According to Kearney’s Global Business Policy Council’s 2022 Foreign Direct Investment Confidence Index and for the tent...Continue Reading

Famed management consultant and writer Peter Drucker once said, "Culture eats strategy for breakfast." The crux of this sweeping statement is based on the idea that culture trumps strategy in building a successful organization. While I agree that culture helps to empower employees and set a solid foundation for success...Continue Reading

For much of this year, the American economy has undergone an unprecedented structural shift. Billions of dollars in spending by consumers moved from goods — the stuff we consume and use — to services. But many of these same services will come under threat in an economic downturn, and risk...Continue Reading

Huge spikes in demand for retail products, while food service demand virtually disappeared…supply chain disruptions that revealed previously unknown weaknesses in the flow of ingredients and materials…already existing labor shortages exacerbated by COVID outbreaks and shutdowns, as well as existing staff missing time due to illness, caring for family members...Continue Reading