Approval of Natrona County Economic Development business ready grant aims to expand operations North of tow

The Wyoming State Loan and Investment Board (SLIB) approved a Business Ready Community grants for Natrona County Thursday. As part of a two part process, the SLIB recommended approval of the project and the grant in December, and Thursday it was unanimously approved. The SLIB board approved a Business Ready Community Grant from the Natrona County Economic Development Joint Powers Board. The board requested a $1,855,433 grant to build a sewer line along U.S. Highway 20/26 west of Casper to 33-Mile Road. Noel Reed, Vice President of Economic Project Development commented after the grant was approved, "This will allow existing companies along 20/26 to expand and to tie into the sewer line. It opens up a lot of property for future use, and that's just amazing." The new sewer line is to run 3.6 miles farther along the highway, thus opening up more area to be developed. "We received five or six letters of support for this grant from existing businesses out there. They will be able to grow and expand, and the land is already ready for future growth. It is so great to see all of this coming together in a neat way," said Reed. Existing business, Nalco -FabTech has 140 employees and is ready to expand operations and plans to hire an additional 60 employees with the granting of the infrastructure project. Bill Edwards, CEO of the Casper Economic Development Alliance added, "Infrastructure is important to not only our community, but to surrounding communities. It allows groups and businesses to expand and move forward." #oilcity #news #business