States across the West are making economic progress on a variety of fronts. Here are some highlights from our latest Western Economic Roundup:
A Colorado partnership has shaken up the ski industry in the Rocky Mountain State and California with a pair of recent acquisitions. Aspen Skiing Co. and KSL Capital Partners, in separate recent deals, purchased Steamboat and Winter Park resorts in Colorado and Mammoth Resorts, which operates four ski areas in California.
The Los Angeles Times reports that the partnership now will operate 12 resorts that attract about 7 million skiers a year. Mammoth Mountain is the biggest resort, drawing about 2 million visitors.
Aspen Skiing Co. also operates Aspen Mountain, Aspen Highlands, Buttermilk and Snowmass in Colorado. The Colorado acquisition is a $1.5 billion deal; no terms were announced for the Mammoth purchase.
Big Data Bet: Google has plans to build a new data center in Nevada on 1,200 acres of land it purchased for $26.1 million. "Nevada is rapidly becoming a technology and innovation hub by attracting exciting new startups and some of the world’s best names," said Gov. Brian Sandoval.
HQ Relocating to Arizona: Benchmark Electronics will relocate its corporate headquarters to Arizona. The move by the global engineering, design, and integrated electronics manufacturing company is expected to create 500 new jobs over the next five years and build on a partnership with Arizona State University.
Big Deal for Texas: ExxonMobil Chemical Company and SABIC US Projects LLC are partnering to build a petrochemical plant in the Lone Star State. The plant is expected to create more than 600 jobs and generate $50 billion in economic output during the first six years of operations.