SEEDA Addresses Grant Application at Special Meeting

Vacutech CEO John Tucker at the SEEDA Board meeting Thursday at Sheridan College. (Photo Ron Richter ©)
Vacutech CEO John Tucker at the SEEDA Board meeting Thursday at Sheridan College. (Photo Ron Richter ©)

The Sheridan Economic and Educational Development Authority Joint Powers Board held a special meeting Thursday to consider submittal of a grant application through the Wyoming Business Council. Sheridan Media’s Ron Richter has the details.


The SEEDA Board unanimously approved submission of a grant and loan request to the Wyoming Business Council under the Business Ready Community Grant and Loan Program. The requests, if approved by the Business Council and SLIB Board, will allow for the expansion of Vacutech in the High-Tech Business Park in north Sheridan. Vacutech CEO John Tucker said that what’s being proposed is a 40,000 square foot facility adjacent to the current Vacutech building.

Vacutech currently employs 132 people at their location in north Sheridan. At least 50 additional manufacturing jobs would be created from the expansion. SEEDA Administrator Robert Briggs said that they are hoping to expedite the grant review process.

Vacutech will donate four acres of land adjacent to their current building that will be used for the site of the new facility. SEEDA will lease the facility to Vacutech for five years, after which time, Vacutech will have the option to buy the building.

The total estimated cost of the project is $4.4 million. $3 million, if approved, would come in the form of a state grant, and $1.2 million would come from a state loan. Vacutech’s cash contribution of $275,000 will cover the cost for the parking area for the new building. Earlier this week the Northern Wyoming Community College District Board of Trustees, and the Sheridan City Council approved resolutions in support of the grant application.

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Vacutech CEO John Tucker at the SEEDA Board meeting Thursday at Sheridan College. (Photo Ron Richter ©)
Vacutech CEO John Tucker at the SEEDA Board meeting Thursday at Sheridan College. (Photo Ron Richter ©)
SheridanWyoming.com

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