List Your Equipment  /  Dealer Login  /  Create Account

Wyoming Business Council Recommends $9.3M Loan for New Cheyenne Facility

Tue July 02, 2019 - West Edition #14
Associated Press


CHEYENNE, Wyo. (AP) The Wyoming Business Council board has recommended the state approve a $9.35 million loan for the construction of a biomedical manufacturing facility in Cheyenne.

The Wyoming Tribune Eagle reported that the proposed loan is still subject to State Loan and Investment Board review and governor approval.

Owners of San Diego-based Innovive are working with economic development groups to design and build a $17.8 million manufacturing plant within two years.

The company specializes in disposable caging products for laboratory rodents used in medical research. The products are used once and then recycled.

The company plans to employ 80 to 100 local workers, and the Business Council estimates a $3.2 million economic benefit to Wyoming annually.

For more information, visit wyomingnews.com.




Today's top stories

DOT Pauses 'Buy America' Provision to Provide Relief to Already Strained Industry

Pennsylvania Contractor Takes Delivery of First Doosan DD100 Dozer

Wirtgen Slipform Pavers Bring Numerous Innovations, World Premiere to bauma 2022

Granite Tackles California Congestion Issue With $700M '101 in Motion' Project

Blanchard Machinery CEO, President Joe Blanchard Passes at Age 60

Alabama's Bank Independent to Build $60M, Four-Story Muscle Shoals Complex

Hitachi's Sam Shelton Retires After 27 Years With Company

Former Owner of Highway Equipment Company Dies, 84


 






ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo
39.04690 \\ -77.49030 \\ Ashburn \\ VA