BAE buys Weld County Danfoss facility for $30M

BAE Systems Inc. Space & Mission Systems has acquired the Danfoss Power Solutions (US) Co. facility in Weld County, with plans to add hundreds of jobs.

The company, a Broomfield-based subsidiary of British defense contractor BAE Systems PLC, in early October paid $30 million for the 130,000-square-foot facility at 4120 Specialty Place, according to public records.

The building, located on approximately 13 acres in unincorporated Weld County, will enhance the company’s manufacturing capabilities to meet customer demand and business growth related to space-based hardware and sensor systems, according to a press release from the Colorado Office of Economic Development and International Trade…

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