|Cody jerky company could beef up operations with state help
|courtesy Wyoming Authentic Products|
Jerky Company Expansion
The Associated Press - March 14, 2017
CASPER, Wyo. - A Cody company is seeking about $940,000 in financial help from the state so it can beef up sales of its jerky products.
However, Wyoming Authentic Products already benefited from state aid when it started up, and some believe the company should now foot the costs of expansion itself.
A divided Wyoming Business Council approved the proposed financing in the form of a $750,000 grant and a loan of about $190,000 last week.
The Casper Star-Tribune reports that Wyoming Authentic Products benefited in the beginning of its operations with the help of a $1.2 million state grant in 2011.
The Wyoming State Loan and Investment Board will make the final decision in April on whether to approve the new financial request.