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, sheet metal and assemblies for aerospace and industrial clients.
The unnamed company, referred to as Project Bold, is considering expanding in El Paso County. Access to workforce talent, supply chain considerations, quality of life and incentives are factors in the company’s consideration, a project summary states…