Tag: Tax Incentives
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Colorado EDC grants $13.3M in incentives to 4 companies
The Colorado Economic Development Commission on Thursday approved a total of up to roughly $13.3 million in job growth tax incentives for four companies considering expanding in the state. Commissioners approved up to $1.73 million in performance-based job growth tax incentive credits over a period of eight years to a manufacturer that produces custom parts,…
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Site selectors praise Colorado workforce — but flag regulatory hurdles | FISCAL ROCKIES
Editor’s Note: Once among the nation’s fastest-growing economies, Colorado today confronts mounting challenges that threaten its momentum. This series reveals how a state once defined by prosperity is navigating economic cliffs and ridges. We explore the impact that increased regulations, tariffs, shifting tax policies, the high cost of living and widening urban–rural divides have on businesses,…
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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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Pepsi finalizes deal to build plant near Denver International Airport
PepsiCo Beverages North America announced Wednesday that it finalized a deal to buy 152 acres of land south of Denver International Airport, where it will build a 1.2 million-square-foot manufacturing facility. Denver agreed to give PepsiCo $1 million from its Business Incentive Fund to build the plant, which will be the soda company’s largest manufacturing facility…
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Tech education firm expanding in Denver
Denver beat another Texas team this week, but this time on the business field. Elsmere Education decided to stay in metro Denver and expand its tech education operations by 138 employees over the next eight years, according to Gov. Jared Polis’ office. The Colorado Office of Economic Development and International Trade sweetened the deal by…
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Colorado approves $13 million to entice firms
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save The Colorado Office of Economic Development and International Trade Thursday approved $13.2 million worth economic incentives to entice three companies to either locate or expand here, creating some 800 jobs. The biggest incentive package was…