Business briefs 3-18-18

Wyoming’s transportation infrastructure will receive $85 million from Union Pacific Railroad this year. The company’s planned private investment will enhance safety and operating efficiency and support customer service, according to a news release.

The company’s planned investment covers a range of initiatives, including $81.6 million to maintain railroad track and $2.9 million to maintain bridges in the state.

Key projects planned this year include:

• $12.9 million investment in the rail line south of Rock River to Cheyenne to replace more than 102,000 railroad ties
• $11.6 million investment in the rail line east of Wamsutter to just west of Rawlins, replacing 25 miles of rail
• $10.7 million investment in the rail line west of Evanston to Granger to replace more than 79,000 railroad ties

In the last five years, Union Pacific has invested more than $251 million in strengthening Wyoming’s transportation infrastructure.

Small Business Development Center Day in Wyo. is March 21

Gov. Matt Mead signed a proclamation designating March 21 as Small Business Development Center Day in Wyoming.

The WSBDC Network will join other organizations across the nation by encouraging entrepreneurs to share their success stories on social media using #SBDCDay.

For 23 years, the WSBDC Network has helped entrepreneurs start or grow their businesses. To learn more about SBDC Day, visit www.americassbdc.org/SBDCDay.

FCSAmerica announces $4.3M cash-back dividends for 2017

Farm Credit Services of America announced last week that eligible customers in Nebraska and Wyoming will receive checks this month totaling $4.3 million.

The money is their share of the financial cooperative’s $200 million cash-back dividend for 2017.

Each eligible customer’s cash-back dividend is based on the average loan volume during the calendar year. The more eligible loan business customers have with the cooperative, the more they benefit financially through cash-back dividends.

For more information on the dividend, visit www.powerofownership.com.

To submit a local business news item to the Wyoming Tribune Eagle, email it to news@wyomingnews.com; fax it to 307-633-3189; or mail it to Chrissy Suttles, Wyoming Tribune Eagle, 702 W. Lincolnway, Cheyenne, WY 82001.