Powder River Energy Corporation Celebrates Economic Development Week

Powder River Energy Corporation Celebrates Economic Development Week Main Photo

2 May 2024

Power literally drives the Powder River Energy Corporation (PRECorp) forward. More specifically, PRECorp is a partner to the people and member-owners of its service region, seeking to drive economic development through the mantra of “the power of many for the benefit of all.”

That is one reason PRECorp is excited to celebrate Economic Development Week (EDW) from May 6th - May 10th. Established by the International Economic Development Council, EDW intends to highlight the importance of economic development in communities nationwide. For PRECorp in northeast Wyoming, that effort is a collaboration of expert partners.

“Northeast Wyoming has the resources and service businesses need to thrive,” said PRECorp Vice President of Member Service Joe Roth. “Through the collective efforts of numerous highly skilled and knowledgeable organizations, we can help facilitate the growth and development desired in our local communities.”

The Role of Powder River Energy Corporation

Economic development is crucial in the growth and prosperity of northeast Wyoming. It encompasses various initiatives, from attracting new businesses to supporting existing ones, creating new job opportunities, and enhancing our community's overall quality of life. At its core, economic development involves various activities to attract, create, and retain jobs to foster a resilient and growing economy. This collaborative effort requires close coordination between businesses, government entities, and various community stakeholders to achieve sustainable success.

Powder River Energy Corporation dedicates itself to helping its member-owners and their communities with economic development projects through numerous efforts, including:

  • Business Resources: Support existing businesses to thrive and expand, creating jobs through infrastructure improvements and resource access. 
    Marketing & Attraction: Develop and execute campaigns to attract businesses and talent, showcasing community strengths to internal and external audiences. 
  • Entrepreneurship and Small Business Development: Support small businesses and entrepreneurs with access to capital, space, and technical assistance. Resources like Area 59 allow for unique project collaboration.
  • Real Estate Development: Engage in projects like industrial parks and incubators to stimulate economic growth. View available sites and buildings in northeast Wyoming here. 
  • Incentives: Help businesses access financial services and incentive programs for growth and expansion. Wyoming has numerous assistance programs across multiple industry sectors.
  • Workforce Development: Collaborate with agencies to ensure a skilled talent pool, understanding and addressing company workforce needs. View our ‘Workforce Toolbox’ here.

Partnerships Drive Economic Development

PRECorp works with area partners with expertise in various facets of economic development to meet present and future business needs. 
Endow Wyoming
Energy Capital Economic Development
Forward Sheridan
New Growth Alliance
Upton Economic Development Board
Wyoming Business Council
Wyoming Department of Workforce Services
Wyoming Energy Authority
Wyoming Grown
Wyoming Office of Tourism

Powder River Energy Corporation is Your Partner in Business Growth and Development

During EDW, we celebrate the hard work and dedication of our regional partners and local leaders, who are committed to driving economic growth and improving our community's quality of life. We invite you to join us in recognizing their efforts toward economic development that benefits all our communities.

To learn more about how Powder River Energy Corporation can support your business or to get involved in our economic development initiatives, visit our website or contact us today.