I was pleased to see Wyoming jump to #10 from #21 in CNBC’s “America's Top States for Business.” Wyoming has much to offer and I am confident we will continue our climb.
Many people know that Wyoming is home to Yellowstone National Park, the Tetons and some of the best hunting and fishing on the planet. And there is more.
Those of us who already live, work and own businesses here know that our state has other strong attributes.
These include an ideal business and tax climate, abundant natural resources, robust tourism and agriculture industries, and a climate and technology infrastructure conducive to a broad array of digital industries.
Wyoming is also crisscrossed by major rail routes and interstate highways.
More people are learning about Wyoming as an energy leader. Our state is the top exporter of energy to the rest of the nation. Specifically, Wyoming is number one in coal production, number one in uranium resources and one of the top producers of natural gas and oil in America.
Wyoming has the best onshore wind for producing electricity. We are proud of our contribution of energy to the country.
I will not rest on these laurels though. I am working to improve the tax climate (recently rated the best in the nation for business by the Tax Foundation), support our strong and well-trained workforce, and ensure that government is efficient, accessible and nimble.
These efforts are paying off as companies already located in Wyoming are having success and others are building here.
One of my major initiatives is creating more incentives for the construction of data centers in Wyoming. Data centers are a great match for our climate and infrastructure.
The cool weather here reduces heating costs, which are a major percentage of the operating costs; electricity rates in Wyoming are among the lowest in the country; and the necessary fiber optics are in place.
To make Wyoming even more competitive in recruiting data centers, the Legislature and I worked together to establish an account to offer incentives for companies willing to build large technology facilities (data centers or others) in Wyoming.
We put in place tax credits. As a result Microsoft decided to build a large data center in Wyoming.
I believe Wyoming is the best place to invest and do business but, most importantly, to live and raise a family. This CNBC ranking is appreciated and it reflects the hard work of many people to make sure we leave a better Wyoming for our children and future generations.
Mead was sworn in as Wyoming's 32nd governor on January 3, 2011. Born in Jackson, Wyoming, Governor Mead was raised on the family ranch in Teton County. He has a BA degree from Trinity University in San Antonio and a law degree from the University of Wyoming. After law school, the Governor served as a county and federal prosecutor, practiced in a private firm in Cheyenne with now-Attorney General Greg Phillips, and served as United States Attorney for Wyoming from October 2001 to June 2007.