Tag: Oedit
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Colorado awards airplane maker $2M in incentives for expansion
The Colorado Economic Development Commission on Thursday approved $2.15 million in job growth tax incentives to an airplane manufacturer. The company, dubbed as “Project Airplane,” is looking to build a new seat production and customer experience center, according to the EDC. It’s considering expanding in Colorado or Florida. The EDC described the unnamed company —…
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Peak Energy sodium-ion battery company opens engineering branch in Broomfield
A new advance in grid-scale battery storage is coming to Colorado. Peak Energy, developer of a sodium-ion battery, is establishing an advanced battery cell engineering center in Broomfield that will be focused on developing proprietary U.S.-produced batteries for use in grid storage systems in the short term. The company may expand into the home storage…
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Colorado approves $2.5M in tax incentives for 3 companies eyeing expansions
The Colorado Economic Development Commission approved more than $2.5 million in total tax incentives on Thursday for three companies looking to expand, or move, into the state. Most of the tax incentives went to an unnamed renewable energy company based in the U.K. looking to set up a headquarters and factory for its North American…
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Colorado approves nearly $2 million for 2 companies considering expanding in El Paso County
The Colorado Economic Development Commission approved $1.9 million of tax incentives on Thursday for two unnamed companies looking to expand in El Paso County and potentially bring 300 jobs to the area. The largest incentive went to “Project Da Vinci,” a Colorado-based manufacturing company servicing the aerospace, medical, industrial and commercial industries. The commission voted…