- Associated Press - Tuesday, September 2, 2014

CHEYENNE, Wyo. (AP) - New railroad connections are making a growing industrial park near the intersections of interstates 25 and 80 on the outskirts of Cheyenne an attractive place for companies to set up shop, business development advocates say.

Within a few weeks, the Swan Ranch industrial park officially will be connected to the Burlington Northern Santa Fe and the Union Pacific railroads.

“It’s a unique park in Wyoming, in the region and, actually, in the U.S.,” said Tom Johnson, southeast region director for the Wyoming Business Council. “It allows Wyoming to get on the map in a lot of ways, and it’s seen a lot of growth.”

Swan Ranch already has attracted more than a dozen businesses in the past four years. The rail access will open up another 3 square miles of land to possible development, the Casper Star-Tribune reports (https://bit.ly/1w3i0bm).

The first train, one with 133 cars, recently made a preliminary visit to Swan Ranch via Union Pacific.

The industrial park benefits from highway access too, but it’s rail access that really helps with the cost of shipping to and from Wyoming, said Scott Sutherland with the Casper-based real estate firm Granite Peak Development.

“For Wyoming, rail is the great equalizer,” Sutherland said. “One of the detriments for Wyoming was the distance from vital markets and suppliers. With rail, you throw the product on a car and the extra cost to get to Wyoming is insignificant.”

Many of the businesses that have been acquiring land in Swan Ranch are tied to the booming oil industry in eastern Wyoming and Colorado.

In 2010, Wyoming approved a $3 million grant for water, septic system and pavement work to help bring in Midwestern Pipe Line Products. In exchange, the company agreed to create jobs that paid above the county’s median wage.

A 2012 grant of $3.4 million added more roads and water lines.

“It opened up an infinite amount of potential that, frankly, was being unmet,” said Randy Bruns, chief executive officer of the Cheyenne LEADS economic development organization.


Information from: Casper (Wyo.) Star-Tribune, https://www.trib.com

Sign up for Daily Newsletters

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide