Economic diversification continues to prove valuable

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Gov. Mark Gordon is scheduled to be in Sheridan later this month. This is a great opportunity for some of our businesses to interact directly with the new governor. Clearly the state of Wyoming has been very productive enabling infrastructure as well as buildings to aid our advanced manufacturing efforts.

The diversity of our economic setting is an advantage which reduces the cycling from extractive markets. From Kennon Products to Vacutech to EMIT and Weatherby is a quick map of four distinct economic sectors. This coupled with the health care sector and emerging social media groups are a balanced economic foundation. Sheridan Economic and Educational Development Authority’s projects at the Tech Park set a performance standard for meeting the mission of state-funded economic development. Gordon will be meeting with SEEDA on April 16.

The “touch” of Sheridan was validated again this week. Forward Sheridan, with L&H, will attend an aerospace symposium in Colorado. Again the intention is simply to identify and explore new market opportunities that can utilize our existing skills. The result is new sources of income from new business partners for our existing businesses to sustain their entities over time.

Aerospace is a significant sector for Colorado and our skills are needed for the prime contractors to stay on course. What was interesting to me was that during a couple of conversations, totally random, I came across three individuals, completely different companies that all had a touch of Sheridan. Two had and do come to Sheridan for the Snicker’s Soccer Cup event (which by the way is anticipating more than 140 teams) so that was a simple common conversation point. Another aerospace leader is active in Wounded Warriors and has been to Sheridan to hunt. Six degrees of separation is an over estimate. If someone, via their life, comes through Sheridan, we make a great impression. We are warm, friendly and enjoyable. We just never want to lose this western hospitality.

We are going to utilize this welcoming environment late in April. Forward Sheridan will host a tour of regional businesses with a prime aerospace contractor. The process is merely to demonstrate our work capacity, capability and services during a one-on-one visit.

 

Jay Stender is the executive director of Forward Sheridan.

By |Apr. 12, 2019|

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