Article by Pinnacle West Communications, Inc.

Economic diversification is the catch phrase in Wyoming. Lander is a community
that has worked toward this goal with considerable success.

In the early 1980's, after 20 years of dependence on U.S. Steel Corporation for a major portion of the Lander payroll, the mine closed. Out of necessity, the Lander community got a head start on the rest of Wyoming in learning how to grow and diversify.Today, the city boasts a remarkable economic recovery and optimism about the future.

Lander's Main Street has taken on a new look along with many of the building fronts. A major step was taken with the complete reconstruction of Main Street. Colored, textured, handicap accessible sidewalks were added. In addition, decorative street lamps, benches, trees, flower barrels and bicycle racks now adorn the street. Unique specialty shops, restaurants and other businesses now line the street that once had many empty buildings. Many local businesses have invested in restoration projects that have revealed the historic features of their buildings. The character and variety of shops on our Main Street draw people from throughout central Wyoming.

As the business community has evolved and expanded, it isn't hard to detect a new community pride and optimism. The economic diversification of Lander shows signs of momentum as we move into the early years of the new millennium.

Millions of dollars are being invested in new construction. The last year has provided evidence of a growing confidence in the community's future. The National Outdoor Leadership School, one of Lander's largest employers, completed work on its new, multimillion dollar international headquarters. First Interstate Bank complete its new main bank building. The Best Western Inn at Lander completed a major addition to the motel. Several other businesses also have remodeling and/or expansion plans underway. The real estate market also remains strong.

Economic infrastructure is another vital component in the community's economic development plan. By working with surrounding communities and the Wyoming Public Service Commission, the Lander area has secured communications infrastructure commitments from Qwest, the phone company giant. The company has agreed to install fiber optics in the Lander area over the next couple of years. Central Wyoming College has established a Lander facility that provides an advanced computer lab and continuing education for local residents. The college is on the cutting edge of courses directly related to the "New Economy".

With Lander's continued economic growth, the city continues to attract a diverse group of professionals, retirees and young people. The diverse citizenry has also nourished the city's cultural opportunities. New additions to the calendar include the Lander Jazz Festival held each Labor Day weekend and the Climber's Fest now in its 8th year.

Lander also offers an interesting mix of dining and entertainment. The city's old west traditions are a major attraction for visitors to the area and those looking to relocate to Lander. The nearby Wind River Indian Reservation provides another valuable contribution to the city's diverse culture. Many activities involving our Shoshone and Arapaho neighbors are held throughout the year. The city's cultural assets are considered a vital component in the city's pitch as a good place to do business. Lander is where the "Old West" meets the "New West". The right time and the right place to do business!


 

WYOMING RANKS 3RD BEST STATE FOR SMALL BUSINESS

According to the Small Business Survival Index 2002, published by the Small Business Survival Committee, Wyoming ranks 3rd behind South Dakota and Nevada as the best state for small business and entrepreneurship.

The rankings are based on factors such as property tax, personal income tax, capital gains tax, electric utility rates and other factors. The lack of a corporate income tax makes Wyoming especially attractive to those businesses that want to expand or relocate.

In addition to the tax advantages, Wyoming offers a network of help for small businesses including the Wyoming Business Council, its regional offices, the Mid-America Manufacturing Technology Center and the Small Business Development Centers.

The full report can be viewed here