|Program Category||# of Grants per state||Sum of EDA $|
|Assistance to Coal Communities||1||$2,258,559|
Wyoming is the top coal-producing state in the United States, producing 41 percent of the country’s coal. The state suffered recent economic impacts as a result of the downturn in the coal industry. Hundreds of coal industry workers have been laid off in recent years. Wyoming’s long-term dependence on coal and other mineral extraction have exacerbated the economic impact on the state, its communities, and higher education as its funding sources are shrinking at the very time that these services are needed most to train and re-train workers, support diversification efforts, and fortify struggling economies.
Wyoming leaders have targeted the manufacturing sector for growth and regional economic diversification. The City of Sheridan and Northern Wyoming Community College joined together to support a growing local manufacturing and engineering business that produces protective covers for American warfighters.
In FY 2018, EDA awarded $2,258,559 in Assistance to Coal Communities funds to the Sheridan Economic and Educational Development Authority to fund the construction of a new manufacturing facility at the Sheridan High Tech Park. The investment will expand operations for the local manufacturing company. The project includes an insulated metal building structure, the purchase of equipment and materials, plumbing, electrical and data lines, and a fire suppression system. This investment supports the diversification of the economy, boosts new commercial and industrial development, and is expected to create 50 jobs and leverage $1.1 million in private investment.