Weatherby Relocates to Sheridan

An artist's rendering of the future Weatherby building in the Sheridan High-Tech Park. (Courtesy Image)
An artist's rendering of the future Weatherby building in the Sheridan High-Tech Park. (Courtesy Image)

Firearms manufacturer Weatherby, Inc., is relocating its manufacturing operations and corporate headquarters from California to Sheridan. The official announcement came Tuesday from the SHOT Show in Las Vegas. Sheridan Media’s Ron Richter has the details.


On Halloween of last year, the Sheridan Economic and Educational Development Authority Joint Powers Board approved a resolution in support of applying for a grant through the Wyoming Business Council to construct a light manufacturing facility in Sheridan. The State Land and Investment Board, or SLIB, recently approved the grant that’s just under $12.6 million, allowing for SEEDA to begin construction on a 100,000 square foot building that will be located in the Sheridan High-Tech Park and be home to Weatherby.

Business Council CEO Shawn Reese says the move is expected to create 70 to 90 jobs and more than $5 million annually in payroll in the next five years.

Reese said the Business Council and Governor Matt Mead began recruiting Weatherby a year ago. Reese talked about several of the factors that led Weatherby to Sheridan.

Reese said that the Business Council worked with the SEEDA Joint Powers board to develop the grant package. SEEDA committed $2.28 million in local match funds, of which $322,874 is cash. The other $1.96 million is an in-kind match for Lot 1 in the Sheridan High-Tech Business Park. SEEDA will own the facility and lease it to Weatherby, who will invest an estimated $2 million in relocation expenses and cover all capital investment in the building and lot over the life of the 20-year lease, which is expected to be well over $4 million. Click on the link below to view a video of Owner Adam Weatherby discussing the move to Sheridan.

https://www.youtube.com/watch?v=...

SheridanWyoming.com

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