While appearing on Sheridan Media’s Public Pulse program, Sheridan County Commission Chair Lonnie Wright and Commissioner Terry Cram told listeners a little more about the board’s approval of a lease agreement with Absaroka Valley Ammunition, LLC.
T. Cram
During a regular meeting, the Sheridan County Commission approved a lease for a new ammunition manufacturing company to build an ammunition manufacturing facility on land in the Sheridan Airport Business Park.
The fledgling company, Absaroka Valley Ammunition, LLC. was granted a lease for Lot LA-9 in Block 1 of the business park, where they intend to set up a startup business that will manufacture, assemble, and sell small arms ammunition.
The lease agreement sets the amount at just over $762 per month, or approximately $9,100 per year.
The practice isn’t uncommon, Cram said. In fact, the low rent price is part of the deal for budding companies.
T. Cram
According to the commissioners, construction is scheduled to begin as soon as April of next year.
More Like this
Last modified: July 22, 2022