Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Economic Development topic

No spam. Unsubscribe anytime.

Ammunition manufacturer asks Fremont County to buy property so firm can access Wyoming Business Council loan program

2941389 · April 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A presenter outlined plans for a large ammunition production expansion and said the county would need to own the proposed site to qualify for a Wyoming Business Council loan program; the county did not take immediate action.

A presenter told Fremont County commissioners that an ammunition manufacturer is seeking to expand operations in the county and needs a county‑owned property to access a low‑interest loan program administered by the Wyoming Business Council.

The presenter said the company would produce large volumes of ammunition and create roughly 30 jobs paying $18–$28 per hour across multiple shifts. To qualify for the Wyoming Business Council's BRC program, he explained, a government entity must own the land and building used in the project. "The only way for that to happen is for the county to purchase the property for me," the presenter said, specifying a 6‑acre site on the corner of Country Acres and North Eighth Street West and quoting an asking price of roughly $900,000 (an appraisal figure from 2022).

The presenter outlined a cash‑flow and payback scenario that he said would allow early loan repayment and described partnerships with other local manufacturers for test‑ammo needs. Commissioners asked about program timing, debt treatment and guarantees; the presenter said the Wyoming Business Council and state boards have set review cycles and that staff from the council could provide application details.

No motion or formal commitment was recorded; commissioners said they would need time to review the proposal and consult with finance staff. County staff will collect more information and flag the item for a future discussion if the proposal advances.