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UW Helps Lure Company’s Tech Center to Wyoming

April 21, 2014

The following is from a media release issued by the office of Gov. Matt Mead:

Gov. Matt Mead announced today (Monday) that Underwriters Laboratories (UL) will open a technology center in Wyoming, initially at the University of Wyoming’s Wyoming Technology Business Center.

UL is an independent safety science company with nearly 11,000 employees serving customers in more than 100 countries. It plans to launch new information technology operations in Laramie in June.

“I am pleased UL chose Wyoming for its technology center. We look forward to seeing UL expand its presence in our state,” the governor says. “A multinational company like UL diversifies our economy and creates exciting opportunities for the people of Wyoming.”

“UL considered several locations across the United States for our new technology center,” UL Information Technology Director Mike Nuteson says. “During our search, we were extremely impressed with the quality of talent available in Laramie along with the support and involvement of the local, university and state teams. We will initially employ a small team in Laramie that we plan to expand over time.”

An additional benefit of developing a technology center in Laramie is the opportunity for the new team to work with UL’s Laramie-based Prospector team. This global plastics information management company (formerly known as IDES) has been in Laramie for almost 30 years and became part of UL in 2012. IDES founder Mike Kmetz started his spin-off company from a research project conducted for IBM by UW.

UL plans to initially house the technology center at the Wyoming Technology Business Center on the UW campus. The company will explore various options, including those offered by the Wyoming Business Council, as it explores a permanent location based on its long-term growth projections. 

“This is truly a wonderful opportunity for graduates coming out of the University of Wyoming to stay in Wyoming and work for a great company,” says Dan Furphy, CEO and president of the Laramie Chamber Business Alliance.

“Our mission at UL is to promote safe living and working environments, and we envision that this new team can play an important role in helping UL achieve our mission,” UL’s Mike Nuteson says. “Through initiatives such as providing customers better access to UL’s extensive knowledge base and enabling UL’s engineers to certify products more efficiently, this new team can help introduce safe products to markets around the world.”

Bill Gern is UW’s vice president for research and economic development. “Having UL locate its technology center at the Wyoming Technology Business Center is significant for both UW and the Business Center. It says that this center is very flexible and it provides a basis for which established companies can locate in Laramie,” Gern says.

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