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By Ryan Fitzmaurice, Lovell Chronicle LOVELL The Byron Town Council unanimously voted to approve a $5 million Private Activity Bond Tuesday, Dec. 8, which will allow Inductance Energy – a Wyoming based energy company that says it has created a magnetic energy generator that is a major breakthrough in science – to build a facility within the city limits. The company states that it will bring 15 to 20 jobs to the Byron area and hundreds within the state of Wyoming.  According to Richard Hawley, who manages equity and investments for Inductance Energy, the federal government requires that the bond be passed by a governmental entity, but Byron will only be used as a pass-through. Byron will take on no financial responsibility, nor will it spend any taxpayer money nor suffer any repercussions in case of default.

Saudi arabiaUnited statesTown of byronPark countyWest virginiaRyan fitzmauriceJoey darrahKarma sandersAlan bairPam hopkinsonRichard hawleyUniversity of west virginiaByron town councilInductance energyQuantam energyUniversity of kentucky