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Utah, Wyoming are Wide-Open Spaces for $870 Million in Project Kickoffs

Utah and Wyoming are on the cutting edge of technology development and energy expansion, with more than $870 million worth of projects set to begin construction in the second quarter

Released Tuesday, May 08, 2018

Utah, Wyoming are Wide-Open Spaces for $870 Million in Project Kickoffs

Researched by Industrial Info Resources (Sugar Land, Texas)--Utah and Wyoming are on the cutting edge of technology development and energy expansion, with more than $870 million worth of projects set to begin construction in the second quarter. Much of this amount is driven by a friendly business atmosphere for tech firms and mid/downstream companies.

AttachmentClick on the image at right for a graph detailing active projects in Utah and Wyoming, by industry.

Among the highest-valued projects are a pair of data centers for Microsoft Corporation (NASDAQ:MSFT) (Redmond, Washington) in Wyoming, which offers steep tax incentives to companies that make $5 million worth of investments in capital infrastructure within the state, in addition to $2 million or more in data center equipment and software purchases. Utah, meanwhile, is revamping several pipelines and refineries.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
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